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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: Dataminer1 who wrote (6658)	1/22/1999 6:49:00 PM
From: OldAIMGuy	Read Replies (1) of 18928

Hi Bill, I put some finishing touches on the long term study of AIM and some of the minor changes we use. These graphs are the results of monthly AIMing with 5% interest on the cash reserve. The period of time is 16 years! I'm getting calloused fingers!! execpc.com You are certainly welcome to use the "vealie" concept in your software. I won't mind if you acknowledge from whence it came, however! I have to maintain bragging rights!! You asked about using 90% of standard Portfolio Control to start an account that doesn't have a Cash Reserve estabilshed. I've done this to get AIM into the selling mode right away to start building a cash reserve. I took over a friend's IRA a few years ago. He had an equity position of about $24,000 already established, but no cash on hand. He added the annual $2000 to the account right away, but that was still very low compared to what the market's risk looked like at the time. In this case, I set Portfolio Control to 90% of the $24,000 value of the account at the time. As soon as the fund started moving ahead, we started selling shares. Since he was already quite profitable in the account, this was quite acceptable. We built his cash reserve from nearly nothing to what the Idiot Wave was asking for in about a year! All done profitably and painlessly. Hope this is what you meant! Best regards, Tom

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