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

To: LemonHead who wrote (10381)	3/3/2000 6:11:00 PM
From: OldAIMGuy	Read Replies (1) \| Respond to of 18928

Hi Keith, Here's something to investigate - Take a look at Landis's funds and wherever else you have some fund money. See what the price/share drop was during the August to October down-turn in 1998. This will let you gauge whether you have enough cash reserve to "buy to the bottom." For your young friend, why not have him start AIMing his mutual fund that he already owns? He could start "naked" of Cash Reserve and just set the Portfolio Control at 0.90 of current value. That would have him start selling almost immediately, profitably and build the cash reserve with proceeds from this bullish phase. Again, check the fund's history to see how far at risk the fund is during a correction like 1998. I've updated the Newsletter for everyone including the last two week's trades, 'vealies' and all. Have a great weekend, Tom

To: LemonHead who wrote (10381)	3/4/2000 8:53:00 AM
From: Bernie Goldberg	Read Replies (1) \| Respond to of 18928

Hi, The other side tells me why do it when I don't need to or at least wait for a downturn. That is precisely what AIM is all about. It doesn't want you to sell during a downturn. Your supposed to buy during a downturn and sell when it is up. It removes the emotional factor from investing decisions, or to quote Tom, "Buy from the scared and sell to the greedy". Bernie

To: LemonHead who wrote (10381)	3/7/2000 11:59:00 PM
From: fuzzymath	Read Replies (1) \| Respond to of 18928

Having cash reserves on hand might be a very good thing this week. My volatility and trend indicators are both very high and rising. Rising volatility that is strongly trending is a very scary sign. If it isn't reversed, only one result is possible: a crash. This sudden downturn (on rising volume too!) after a significant, but brief recovery (in the broad market NYSE), is a cause for concern. Did the market's rise accomplish nothing more than to provide it with greater momentum for this week's drop? My indicators put the current market risk at its highest level since the summer of 1998 during the global financial crisis. We need some good news somewhere -- like maybe a sudden drop in oil prices? Anything would do at this point ... Kevin

To: LemonHead who wrote (10381)	3/10/2000 7:44:00 PM
From: THE FOX	Read Replies (1) \| Respond to of 18928

HELLO YOU OLD LEMON HEAD YOU, SORT OF OFF TOPIC BUT............ If you reach a point where you club ever ends you might try starting using an approach which I tried. I was at a party about 1 year ago January and approached a very select list of 9 people. I dropped the idea of a club and the interest was tremendous. The one difference I believe I used was I hand selected these people to approach. My wife and I had discussed the potential members based on long friendships, and a knowledge of trust previously developed. That was all well and good. The greatest reason for our fun loving group still being together is many of us hang out together on Friday evenings , quite often going to a local Italian type restaurant. 7 of the eleven members have made 2 trips to Montreal together for a long day weekend of "gambling,shopping, and just having one heck of a good time. About 3 weeks ago 8 of us took a 5 hour ride to New York City on Amtrak to see a play,shop and eat some great food.Having previously developed our friendships I felt would enable our group to learn about investing without having reservations about offending each other when we pointed out reasons for not purchasing a particular stock. I am very much looking forward to when I am able to introduce A.I.M./Newport to our club and try Aiming one stock . Our club is more of a buy and hold club . I hope this message hasn't bored the board participants. Investment clubbing in the Green Mountains Sir Fox