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

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To: RFH who wrote (6730)1/31/1999 10:07:00 AM
From: OldAIMGuy  Read Replies (1) of 18928
 
Hi RFH, It has something to do with that old cliche of "buy on the rumor, sell on the news" too. Price will rise heading into an announcement and then falter after the annoucement as everyone attempts to cash in on the news.

I like my motto better! "Buy from the Scared, Sell to the Greedy!!" We shouldn't be too protective of our inventory! We have to learn to be charitable and "share" our inventory with others! At the right price!!!

Isn't this fun? Don't you just love it? I've learned an awful lot about myself since becoming an AIM investor!! One thing is extremely different about this business than almost any other. Absolutely NOBODY has to "lose" money so that we can "make" money. Investing COULD be a business where everyone wins. The reality is quite different, however. In almost any other business of which I can think, for one company to make money, another has to have missed that business opportunity. Not so in our investing business. Philosophically, it might be the most "moral" business there ever was.

Best regards, Tom
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