The AIM CHALLENGE:
AIM challenge is that it has the ability to BUY LOW and SELL HIGH with uncanny accuracy. View the actual online reporting of AIM the past year with TOTAL sectors and how well it performed. Keep a chart handy for reference and just be amazed at its accuracy.
BUY LOW-SELL HIGH REPORTS
By Jim Battaglia
03/05/99..Patience is a virtue! We finally are reaping our profits from the FINANCE buys we made in August and September of 1998. As you know we look profits in FINANCE in mid July before the market correction, then bought heavily in August and September at the groups low point. This week AIM reports to take some of those profits...a nice 20+% gain. In addition, AIM reports taking profits in JAPAN this week. For those who are skeptical about AIM, I challenge you to print this page and make note of the buy/sell points and go back and look at those markets and see how AIM has performed. You will be simply amazed.
02/2/99...Profits from (VIP's) were executed today. HITECH and HEALTH triggers were set off and AIM took gains in those sectors.
01/30/99...More profit action generated by AIM this week. It is reporting taking profits in HITECH,FINANCE,JAPAN and HEALTH. All these sectors have moved up nicely since our last purchase. We again are appyling the (VIP) to these sectors. We have raised the SELL maintenance % up a few notches and will use the new sells as profit taking positions in case of market reversal. Looking back we know this will work as if applied to Health we would have generated a better return if we would have followed this course. Obviously this is a new venture for us. Conservative investors of AIM may want to just take the profits now, and again in the future if need be. The point of the matter is that AIM keeps making the right calls. In addition, Tom Veale showed in his graphs the action of a popular Mutual fund AIM MUTUAL FUND...Check Here.
01/24/99...Several profits were asked to be taken this past week in AIM WORLDWIDE portfolio. Our (VIP) Vealie Instant Profit alerts were closed out. AIM generated profits out of HITECH/TECHNOLOGY, AGGRESSIVE, EUROPEAN, as well as GROWTH funds. Each of the sectors would generate over 25% return from buys in August and October. Presently we have no stops as all our expected pre determined points have been exercised. We are now using AIM to give us the next BUY and PROFIT prices on these sectors. Interested in a look at "Idiot Wave"
01/08/99...We have started 1999 with PROFIT. We have raised our Veale Instant Profit (test procedure) upward in the HITECH group this week as our portfolio continues to increase in value. On 12/24/98 we implemented a STOP on the sector if it reverses. Fortunately for AIM Technology investors, the group continued upward. This week AIM has also given a PROFIT call in GROWTH funds. We are again testing the stop feature with that group. A pull back will generate a SELL, and we will take our profits. For the present time, we will let our profits ride with "vealies"!!
12/24/98...Today we have begun the (VIP) Veale Instant Profit feature to our models. Since we have adequate cash built up this year, and the expectations of a Market Year End rally (who really knows!!) AIM is locking in some profits and placing some SELLING STOPS on the following Sectors. HITECH has generated another sell, but since we have over 42% cash we are letting our profits run and put in a stop below this weeks closing point. This will protect our gains that we have made in this last cycle. In addition we are doing the same, (VIP)'s on the EUROPEAN, FINANCE, and AGGRESSIVE sectors. A downturn in these markets will generate some AIM sells if the stop is generated. The Portfolio Controls have all been adjusted. We are sitting with 30% plus cash in Europe, Aggressive, and International. So this move is believed to be justified. Thanks you AIM.
12/11/98...Additional profit taking was reported by AIM in Technology. AIM is the early warning to investors that your investment has had nice appreciation and it is time to get out of some of it. AIM controls greed. It knows that markets do not go up forever. So pat yourself on the back and take some technology profits.
11/20/98...AIM had major PROFIT TAKING in the following markets this past week. They include Europe, Growth, Health, Technology, Japan, Latin, and Value funds. WOW...what a week. To summarize, EUROPE gave a SELL after accumulation of two months for a 15% gain. Technology 32% increase since 8/28/98 proved to be a easy one to liquidate. JAPAN's 18% since the 10/2/98 BUY also noted. In addition, LATIN average cost the past two months have given its group a nice 32% gain. The next SELLS looks like AGGRESSIVE, FINANCE, and INTERNATIONAL.
11/13/98...We have a SELL in the TECHNOLOGY sector this week. If you recall the sector went to BUY on 8/28/98 at the index level of 652. AIM took profits at the 814 level. This is a 24.8% gain. Thank you AIM for being right all the time. Meanwhile HEALTH and LATIN America are getting close to SELLS.
10/16/98...AIM issued a BUY on Friday for the REALTY Market. Looking back, AIM decision to buy into the markets on 10/02/98 were right on the money. Actually over 95% of the decisions that AIM makes are WINNING calls. For more info on AIM, do read Tom Veale informative bulletin board and Web Site.
10/02/98...Additional BUYS made by AIM in EUROPE, FINANCE, INTERNATIONAL, and JAPAN. As European regional funds were down 7.80% this week on average, AIM feels that is a excellent opportunity to pick up more shares. The INTERNATIONAL SMALL CAP funds at a minus 6.14% also offers good bargains. The strategy now is to BUY with 82% of the money available with new accounts according to the Twinvest Risk Formula. 18% remaining in Money market for additonal buying. This is similiar to the "Idiot Wave" low 20% cash holdings for mutual funds selection.
9/12/98...BUYS made the past two weekends in several markets. AIM gave BUYS in AGGRESSIVE, EMERGING MARKETS, EUROPE, FINANCE, GROWTH, LATIN, JAPAN, AND VALUE. Tom Veale reports and showed in his graphs of his MUTUAL FUNDS most recent action. Thanks Tom for that nice view of Newport AIM.
8/28/98...Almost everything on a BUY with the exception of HEALTH and NEW AISA (Japan). Major buys were made in all the other key sectors in the market. This weekend may have been the best opportunity in a long while to get some bargains. Since we started the AIM "BIG PICTURE PORTFOLIO" of sectors we are showing a mix bag of results. The (BPP) Big Picture Portfolio since 3/97 shows the average returns on sectors as well as cash positions. The AGGRESSIVE is up 6% with a 30% cash level. EUROPE is at 15% with 39% cash. FINANCE is 18% up and 43% cash. GROWTH is up 12% and holding 39% cash. HEALTH is 15% up and holding 45% cash. HITECH up 19% and holding 42%cash. VALUE up 12% and holding 42% cach. INTERNATIONAL is up a meager 3% with 36% cash. There are losses reporting in JAPAN, LATIN, NEW-ASIA,PRECIOUS, and EMERGING MKTS. In addition, all these sectors in the red are in margin...out of cash, holding on for a reversal in the markets. Finally REALTY is down 3% but holding 34% cash and ENERGY is down 17% and has 16% cash.
8/14/98...BUYS in FINANCE,JAPAN,REALTY for week along with more purchases in the LATIN and JAPAN market. It is interesting to note, that AIM exited the FINANCE group in early July before the drop and now wants to put the money back in business. In reviewing the BIG PICTURE charts, only the HITECH average is above its moving average. Overall charts are looking pretty bad lately...particulary in the PRECIOUS METALS and ASIA markets.
7/31/98...ENERGY, EMERGING Markets, LATIN and PRECIOUS are new buys for w/e 7/31/98. AIM advised this week to add to positions in the most favorable funds in those Sectors.
7/10/98...AGGRESSIVE,FINANCE,GROWTH Sells for w/e 7/10/98....Profit-taking was reported by AIM in the Aggressive, Financial, and Growth Fund markets this past week. If you are holding funds in these categories, and bought when AIM told you to buy into them, you have generated a profit and you need to take it and save the profits for a better buying opportunity. AIM is taking advantage of the initial summer rally taking profits usually first before anyone else even thinks about it. See what it did in April with the Gold market. AIM was right on target with that decision as well as with Technology in May. So why argue with AIM decision now?
6/06/98...EUROPE,JAPAN,NEW-ASIA Report for 6/6/98....AIM has requested that we take profits in EUROPE on Friday of last week. Our last profit action was in March. This puts our position in cash at a healthy 41%. Action was authorized also in JAPAN where a buy was issued. Since the JAPAN market is at a low point, AIM has us invested with our allocated money 93%. Isn't that good position trading? Meanwhile we are still flirting with margin in NEW ASIA. Aim has us 144% in that market on our allocated funds. I guess only time will tell if this will benefit us. Patience is so important in investing. AIM being strictly mathematics and mechanical doesn't have any problems with its decisions. Each day I live I understand that this AIM is the most logical approach in investing.
5/18/98...Report for 5/18/98...Sure looks good that we generated some profit before all this Microsoft news. AIM seems always to make the right moves. How does it do that? Sometimes I don't always agree, but it is hard to argue with it. This week it is asking for us to put more money into ASIA. Well that is a tough one because we have placed a good deal there at bargain prices already and now we will be in margin if we do what is advised!! William O'Neil says the best time to buy mutual funds is when they are in the "valley" and it is the only time to use margin. Well AIM may be right again. Only time will tell.
5/09/98...HITECH,VALUE,&JAPAN-5/09/98...AIM has generated its third profit sell in the Technology group. Cash reserves are now at a comfortable 42% in that sector. The VALUE funds were also in a sell mode this week. It is our six sell in profit territory in the past year. Meanwhile AIM is telling us to buy more of Japan. Should we argue? It has never been wrong yet!!! Japan is definitely a good value at these levels. It is AIM's second buy this year and had a few last year... whenever this market turns AIM will have us in position for profits. Cash reserves are at 12% levels in the Japan market. It is only right to be invested 88% in Japan at these prices. AIM is always right!!!
4/26/98...EMERGING MARKETS-4/26/98... Profits were taken in the EMERGING MARKETS. Our buys in the first quarter have now matured into some nice AIM profits. The EUROPEAN markets were also giving a profit call. Shares were liquidated. This is our third SELL of this exciting market this year. The charts for the European markets prove beyond a shadow of a doubt that the AIM system works.
4/03/98...PRECIOUS METALS- 4/3/98... AIM placed a sell in the gold markets after todays closing price. It want to make sure we register a early sale and take some of the proceeds and wait for a better buying opportunty.
3/27/98...INTERNATIONAL, HITECH, EUROPE, NEW-ASIA -3/27/98... were all selected for Profit taking by AIM. One more tick up and GOLD's first sell of the year will occur. May happen this week but Gold has moved up so fast that it may not test the area that AIM has given it as a profit point before pulling back.
3/13/97...EUROPE& FINANCE-3/13/98-AIM recommended today that we take some profits from the FINANCE and EUROPEAN markets. They have had nice run up in profit lately and taking chips off the table is what AIM does best.
3/01/98...GROWTH-3/01/98-With the advancement of the stock market this year in surprising fashion, AIM has been triggered again to generate some profit in the GROWTH area. We have had 4 nice profit points during the past year. The three most recent were on 6/6/97, 10/5/97, and now 3/01/98. The VALUE funds are also in the profit picture this weekend. Recent profits were reported on 7/27/97, 9/28/97, and this weekend. Isn't it amazing how this Automatic Investment Management seems to take the profits before the corrections? Interesting!!There are other families that AIM has its sights on. They include the AGGRESSIVE SMALL CAPS, FINANCE, and HEALTH funds.
2/25/98...HITECH-2/25/98-AIM has advised us to take profits in the HITECH sector. The improve chart patterns and returns since the last BUY on 12/14/97 has generated nice gains. We are never out of the market with AIM but we do eliminate risk by taking our gains. These gains do not hurt us if we manage this in a tax deferred account.
2/22/98...NEW ASIA-2/22/98-Profits have been generated in the Asian Markets since our last BUY signal and AIM is suggesting that we take some. By profits, AIM doesn't suggest that you liquidate all holdings, but take some off the table while the market is doing well. I need to remind you that AIM should be used in a tax-deferred account to avoid taxes. AIM will not recommend here what funds should be sold but will only indicate what markets have moved and where profits should have been generated recently. In addition, AIM looks for future potential areas that we may be able to generate some profits if you bought in a timely fashion. One in particular is the HITECH area. The recent buys on 11/30/97 and 12/14/97 are now getting close to a take profit zone with AIM. We will know in a few days. HEALTH and FINANCE are two other areas that are in a close profit taking zone. AIM is also in a BUY zone for the EMERGING markets and placed a order at Fridays close. If we get weakness in the LATIN markets, we may be adding.
1/11/98...ENERGY-Our BUY on 1/11/98 has turned out to be a good call in the Energy market. The group has moved up nicely since then. The BUY was the low point established. There is nothing that feels better than buying at the very bottom and watching your fund move up from there.
Two BUYS back to back in November has also proven to be right on the money. BUYS on 11/23 and 11/30 have produced nice profits. The European market has been one of the strongest since the first of the year.
TECHNOLOGY-Our last buy on 12/14/97 is now showing to be a real winner. The HITECH group has exploded upward since that BUY and is now leading all sectors.
JAPAN-The three latest BUYS in this sector, Nov. 23, Dec. 21, and Jan. 11 have all proven to be excellent entry points thus far.
ASIA-The 1/11/98 BUY decision was right on the money as the fund group and closed funds have rebounded nicely. It will not be long before we can be generating profits from these nice BUYS. AIM, the "Automatic Investment Management" style using mathematics as the basis of the BUY and SELLS, attempts to eliminate emotions and greed from the decision making process. Thus far, it has done well.
Jim
investnbest.netmegs.com
AIM is for the Patience Investor!!! |
