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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: Bernie Goldberg who wrote (8374)8/30/1999 9:05:00 PM
From: LemonHead  Read Replies (1) | Respond to of 18928
 
Hi Bernie, we all appreciate your posts very much. Sincerely... I for one feel that there is a place & time for everything. I think you alluded to the difference in the market since Mr. L 1st wrote his book. Well there are a lot of differences with how the market has become automated and available in so many different ways to the masses. AIM appears to be a very effective and simple management tool, but their are many advantages gained with experience in using AIM over a long period of time. As they say with business, sound principles are just that, they don't change.

When I look at my watch lists, I feel that each week I am slowly gaining some type of natural ability that only matures with usage. The decision of to buy or sell shares is still up to us and interpreted in different ways. For example, Tom has already had a round trip with TWE, I got in a bit lower and have had no results. But I pushed my GTC orders in both directions.

I'm rambling as always, but I what to emphasize how much I gain from the very prudent posts on this thread. Time is the biggest factor for all of us. How we choose to use it is up to all of us. I hear you........

OT ITEMS -
We have the monthly RedNeck AIM meeting set for Thursday night. This proceeds a Holiday so I'm concerned that participation may be hurt. My efforts since the last meeting have generated 4 guests, I thought it appropriate to set the agenda around the basics of AIM. I still consider myself to be a novice, so when you and the others start reviewing the principles and pointing to specific pages in Mr L's book it makes my presentation and preparation that much easier. I thank you... A few will benefit from your devotion.

The second thing is while you folks were presenting some Great & informative posts this weekend, I was Trout fishing with Customers, Friends and employees on the Norfork River. We had the most enjoyable and relaxing time, plus I won $32.00 AIMIng the poker games. My point is this, every now and then the wishful thinking is to bring most of us together for some sort of AIM convention (with play time). I am willing and able to put this together if there is a Genuine Interest. My thoughts this morning was to put a survey together and build from there. I live in the Ozarks, and we have the ability to provide Golfing, Fishing, Entertainment and some decent food. Is there a real interest for the convention? Would anybody come? Where is the most convenient place to host it? It would take at least a year to organize.

Replys...

Keith

PS - Hope you don't lurk to long... There is a Point to all of this.



To: Bernie Goldberg who wrote (8374)8/31/1999 8:43:00 AM
From: OldAIMGuy  Read Replies (1) | Respond to of 18928
 
Hi Bernie, In my AIM Basics and Improvements examples at the web site, all those examples are done as Mr. Lichello suggested. Those were "time based" trades throughout. That's the only way to present such data, IMO. Otherwise, there's way too much room for fudging the numbers.

execpc.com

I've been using my gtc orders successfully for a decade now. I don't feel that I've suffered too much for this transgression!! The reason I developed the math for the next buys and sells was specifically to take AIM to a low key level while still garnering trades on the blips and dips - and not to fight long term trends.

Most business plans aren't "one liners" and neither is the AIM method. Also, just as certain business practices work in one neighborhood, they don't work as well in another. This is why I customized AIM for Veale's Intl. Equity Warehouse. It works well the way I use it in my neighborhood.

For the sake of all who read here, it took YEARS to get this comfortable with AIM!! It took YEARS to get comfortable enough with the Idiot Wave to publish my reports. It took YEARS to get comfortable enough with the IW to actually use it as a guide for my investment decisions! I hope all are benefitting from the experiences that I've had as an AIM investor.

Understanding AIM is a quick enough experience, but actually experience with AIM takes a whole market cycle! The bull's been raging for so long that many have forgotten what an awful experience THE BEAR is. I was investing my first hard earned $$$ back in the late '60s and early '70s. It was PAINFUL!! I DCA'd into that BEAR - a good lesson. The '70s taught me much on how to handle a big bad BEAR. I was somewhat unprepared for the Bull when it came. Took time to adjust my thinking from the BEAR Doomsday thinking that I'd grown to "love!"

That's all for now!!! My GTC orders are placed and I'm off with my neighbor to 9 holes of golf on a beautiful Wisconsin morning! Thanks go to Bernie for helping all here come back to focus on why we're here!!!

Best regards, Tom