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: Bernie Goldberg who wrote (12054)	7/14/2000 1:58:01 AM
From: aptus	Read Replies (2) \| Respond to of 18928

If you look at IBM over the past 3 years, its share price hit $43.5037 on June 23, 1997. Before that its price was even lower. If you go back to 1990, the price was about $10.00 (I remember this well as I used to work for IBM back then). One system that will make money in the invest at highest point and sell at lowest point scenario is if you short the stock. Interestingly enough, I received a question the other day on whether Automatic Investor can be used to short stocks. Off the top of my head I would say it's possible, but would be interested in hearing from anyone who has thought about this or better yet tried it. Regards, Mark.

To: Bernie Goldberg who wrote (12054)	7/14/2000 10:15:35 AM
From: bob wallace	Read Replies (1) \| Respond to of 18928

you got it and color me dumb, but what I had heard about AIM at that time was: "it makes money in up markets AND down markets" and "it doesn't matter when you enter" so figured that the IBM debacle was about the worst I remembered, and since I was under the illusion that AIM could "trade its way" down and keep you in the game, I simulated that period and the results were exactly what you said: DO NOT BUY AT THE HIGH - which was my one and only point of my original post [ie, there is still a bad time to but] hopefully we have now beaten this sufficiently dead Bob