Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Steve Grabczyk who wrote (9682)	12/23/1999 9:34:00 AM
From: Saul Seinberg	Read Replies (1) \| Respond to of 18928

Hi Steve, Thanks for the warm welcome. As for AIM, I discovered it on Tom Veale's prior home on Prodigy. This must have been seven or eight years ago. Then, Prodigy made a fundamental change in their fee and access structure and there was wholesale defection, including the AIM folks, from their service. I didn't know where the AIM practitioners had gone until I accidentally stumbled on this board about 9 months ago. When I first met up with Tom and AIM, I was heavily into mutual funds and didn't use AIM very much because the volatility of funds at that time wasn't high enough to make them good AIM candidates. Further, commissions on the Fidelity sector funds, which had the appropriate volatility, were too high to make AIM that clear a choice over the fund trading methods I was using at that time. Then, the funds and brokerage houses began to place restrictions and dollar penalties on fund trading and with the emergence of low, on-line brokers, I switched to stocks and traded only a few mutual funds, like UOPIX and the Rydex sector funds. Now, AIM became a necessity, but Tom and the other AIMers were nowhere to be found so I struggled on my own with Newton trying to apply AIM until I saw a chance mention of AIM while checking out Silicon Investor and here I is. Sounds like you're getting real comfortable with AIM yourself, enjoying and profiting from the relationship. It's comforting indeed to know you've got AIM going for you, especially if you don't mess with your cash reserves, as those are going to be important on the downside of this current business cycle. By the way, did you ever think you would look forward to a market downturn so you could buy (not sell) good stocks at a discount courtesy of AIM? The Veale warehouse concept really does work. Happy holidays to you and yours. SAS... (where it's warming slightly in them snow dusted foothills)