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

To: Jack Jagernauth who wrote (10180)	2/1/2000 11:23:00 PM
From: Steve Grabczyk	Respond to of 18929

Well Jack....the little snow we had here melted yesterday. It doesn't matter anyway because I agree with you. All indications are towards a 1/4 point rise. In addition, I think that's been priced into the market over the last 10 days, so reaction should be minimal. However, if they raise it more, or say directly that it'll go up again in a month, then watch out! Everything I've been reading says the market is waiting for an excuse to take profits. That's ok, but if the lemmings start to run, then get your powder dry! I don't care. I'm ready to take AIM and pick them off! (Gee, even I'm getting sick of all these AIM phrases). On TWE buys.....you're right it does seem weird that the next buy is so close to the first. I think that it is because as PC increases you move further from your first buy threshold in the calculation. I'll try to work this out on a SS when I get a chance. See ya, Steve

To: Jack Jagernauth who wrote (10180)	2/1/2000 11:55:00 PM
From: LemonHead	Read Replies (2) \| Respond to of 18929

Hi Jack, Dave Zawicki - JZGalt Jack and I have been working on a gift from the AIM BB to give to Dave's wife Carol in memory of the relationship he had with the many folks on this Board. We settled on the book by the artist Bob Byerley - "An Invitation to Flight". Bob Byerley is the Painter of Our American Childhood. Please review the book at the following web site and hopefully you will agree with our decision. byerleyart.com Here is what we would like to accomplish. The book has roughly nine blank pages. I will send a small card to each of you that would like to sign and comment in Honor of Dave. Then I will attach the personal cards with in the book and mail to Carol. I will photo copy to each one of you the end result. I think Carol will appreciate our reflection's of the time we spent with Dave and this book will always remind her of his creativity and playfulness. For those that wish to participate please PM or email me your mailing address before Sunday Feb 6th and then get the cards back to me by 02/10. I would like to get the book to her by Valentine's Day if possible. Sincerely Keith

To: Jack Jagernauth who wrote (10180)	2/2/2000 11:00:00 AM
From: OldAIMGuy	Read Replies (1) \| Respond to of 18929

Please Jack, Be careful of that yellow snow! The folks at The Money Show seemed to be in agreement that 0.5% was going to be the next move. When AIM gets in the Buying Mode, this is when it's probably hardest for AIMers to maintain control. By staging out our purchases with adequate time intervals, we usually become more efficient buyers. Don't encourage the Purchasing Dept. to do all its buying at once. There just might be better prices available later. Using only minimum sized orders staged once per week, bi-weekly or monthly will go a long way to keeping your cash working efficiently. The frequency of buying is a matter of 'personality' of the equity in question. And there's always that 'Dead Critter Bounce' that seems to come along. We see a dip in price that trips our GTC minimum order but goes down further - briefly. Then the stock seems to want to recover as other "buy on dip" investors come bargain hunting. Sure enough after that bit of support the stock then goes back into a slide. This is why we don't chase stock "Up." I own a Mexican construction/contracting company's stock - ICA. I bought twice in 1999. I also sold six times. Those two buys were staged out over about three months. That's just the way this stock is. No use buying too soon. I just added an additional 26% to the position today at $2-7/8. Last buy was at $3-1/4 and the one before that $3-7/8. Those three buys have taken place over five months. Not exactly day trading!! Current yield on ICA is about 8.5%, so even if the risk of dividend failure is higher, I'm being paid more than money market rates while I wait for the stock to rebound. Last year's high was $7-3/4, so there's some room for profit if we get that far. In 1997 it traded as high as $19+ (my best sell price was $19-1/2). I started this AIM account with 2000 shares at $4-7/8 in 1995 and NO cash reserve. It built its own reserve over the next 4 months to be 42% of the position. Not bad! The price at that time was $11. I only had 700 shares left by 1997's $19+ high. ICA is one of the only holdings I have showing a current loss. I've owned it since 1995. If the price rises about $3-1/2, I'll be "break-even." It was there in December, so it's a real possibility that it will go there again. My point is that we don't need to blow the whole Cash Reserve in the first price dip. We should, as good purchasing agents, try to out-wait those wanting us to buy their equities. Just as good sales people understand their 'art', so must good purchasing agents. In my pre-AIM days, I was good at parting out shares just like AIM does. However, my biggest mistake was in rebuilding the inventory too quickly. I used to do dumb things like double my position with a 15% drop in price from a previous high. This worked in quickie corrections, but usually left me wishing for more cash as my small and mid cap stocks continued down to 30% to 50% discounts. Before taking up investing full time, I sold capital equipment to the metals industry. I was not bad as a salesman. I knew the Purchasing end of the business only as as salesman, however. Mr. Lichello's AIM has always been better at purchasing than I was on my own. It's the single biggest reason that I adopted AIM as my business model. Best regards, Tom

To: Jack Jagernauth who wrote (10180)	2/4/2000 10:50:00 PM
From: LemonHead	Read Replies (1) \| Respond to of 18929

Hi Jack, While back we had a real good discussion on Baskets. Well I learned alot but I really think you have to stay with the 10 stock rule and spread them over some sectors. My wife's IRA account is extremely active with AIM, and I have noticed that it rotates the sectors. When she is buying in one she is selling in the other. Kinda keeps the warehouse guys busy, cause they never know what is behind the door of the next truck. This AIM system is quite wonderful, placing your orders on Sunday night, you really never know what to expect by Friday at 5:00pm. My experience in Orlando was one of those rude Eye wakening events. I came back with the knowledge that I really didn't know a damn think as a whole. Bill & Doug are building a business and their focus is on that. On the other hand, Tom & I are just trying to preserve ours. Tom is one giving person and everyone should experience his hands around their neck at least once in their lifetime <ggg>. Since the five of us soaked in Orlando, I truely believe that Vegas may be the most educational event that an AIM Investor will ever experience. The best thing is that it will be a stepping stone for other events. When you meet Tom in person you get the feeling that he is just now warming the engines for a bigger and greater race. If he would only paint that car we might get some national attention. :^) Keith - Cards are on the Way