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

To: RFH who wrote (10471)	3/17/2000 9:32:00 AM
From: Bernie Goldberg	Read Replies (2) \| Respond to of 18928

Hi Bob, It will take some time to get out of the RED on this one, but AIM has taught me to be patient. At least I'm out of double digit negative returns! I read this comment on your page regarding Wendy's and was puzzled. Not too long ago you said that Wendy's has caused you pain. I was puzzled then too. with all the puzzlement I was reminded of correspondence between us here on SI about 2 years ago when I tried to tell you that you were doing to much trading in your Wendy's acct and that the good times wouldn't last forever. So I did a little research. First your numbers: Purchased 500 shares at 19 1/8 on 12/14/98 Cash reserve -6674.85 # of transactions were 16 Total Value of 890 shares today $7620 LOSS $1941 or 20% First let me tell you what I did. I opened PCA 30 and got a weekly price history for Wendy's from 12/14/98 to the present. Starting with the second week I deleted every other week from the results I obtained. I then took the remaining prices and imported them into pca 30. This gave me a price history for trading every two weeks. The results I received were totally different from yours. Since PCA 40 gives a slightly better analysis than Pca 30 I then opened PCA 40 and inserted the table there. I guessed from your Newport graphic that you started out your Wendy's AIM program with zero as a Cash Reserve, so I did too. Here are my numbers: Purchased 500 shares at 19 1/8 on 12/14/98 Cash reserve +$176 # of transactions were 9 Total Value of 530 shares today $9675 G A I N $396 OR 3% AIM's largest loss was $1070 or 11%. This only lasted for one week. By the way Mr. B@H had a loss over this period of time of $438. Perhaps there is still some value to AIM by the Book. The point that I am trying to make is very simple. When stocks are going straight up there are any number of ways to make money. If however the stock oscillates AIM (in capital letters) is the way to go. Bernie