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Strategies & Market Trends : AIM Questions and Answers

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To: OldAIMGuy who wrote (81)4/21/1999 12:27:00 AM
From: RFH  Read Replies (1) of 221
 
<<Watching the market plummet while AIM sucks cash into ever declining share values is a very scary thing to contemplate. Knowing full well that timing is difficult (impossible?) to do consistently (I've tried several with little success!), wouldn't an attempt at this be the better way to go??>>

Tom, you may want to direct John to my IIT page. Here I made my initial purchase at 26, turned it into an AIM account in March of 1998 at 14 1/8, and had 10 buys before a sell. My buys bottomed at 5 5/16. Then the stock finally turned around, and my profit is a healthy 14K, and an average annual return of over 80%. Sure enough, AIM takes GUTS. But who out there can honestly say that they can consistently "time" the market? AIM is the best investment strategy for eliminating sleepless nights. At least for me!

Sincerely,
RFH
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