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

To: SAM who wrote (9392)	11/26/1999 8:26:00 AM
From: OldAIMGuy	Respond to of 18928

Hi SAM, Yes, when I first started to explore the use of mutual funds with AIM back in '89 I first looked for the widest gap between the 52 week lows and highs. I also went looking for Forbes' mutual fund issue as Mr. Lichello recommended it as a source. After the initial sorting I called and received the monthly NAV values for 5 years from each of the fund families I'd chosen. Then, using the early AIM spreadsheet (DOS Lotus 123) I built histories of each of them. This taught me much about funds in general and also how to handle those that I'd chosen as good AIM potentials. It was at that time that I started fiddling with "Split SAFE" and realized that the funds needed this boost to get the job done. Sheree's IRA was run with 10% Sell SAFE and 0.0% Buy SAFE until maybe two years ago. Then, as the fund started to look more and more like an index fund, I softened up the Sell side to 8%. With no on-going tax consequences in an IRA account the range was more effective when kept small. When I started Sheree's account the minimums for trading didn't exist. Along the way they changed to requiring $500 for a while then softened it to $250, I believe. $500 was a VERY LARGE piece of the total back then! It really set AIM off when I'd make a trade! However, as the account grew this was less and less of a problem. In recent times, Am. Century has requested only SIX SELL events per calendar year (unlimited BUYs, however). This could have upset AIM greatly if not for the assistance of "vealies." Since instituting the use of "vealies" and keeping the AIM Cash Reserve percentage close to the IW levels, we've not exceeded the 6 Sell limit. Containing the Cash Reserve has turned out to be more of a 'problem'!! Interest on the Cash in flat market times like this summer seems to keep it coasting along with "vealies" as we go. Best regards, Tom