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

To: bob wallace who wrote (12062)	7/14/2000 4:25:44 PM
From: OldAIMGuy	Read Replies (2) \| Respond to of 18928

Hi Bob, Bernie and All, Since we really never know how high is "High", it's very difficult to guess much better than blindly as to when to start an account. Both the decades of the '80s and '90s have been embarrassing to those who were waiting for a really bad bear market to start their accounts. At least as AIMers, we're pretty sure if we buy decent quality companies we'll see profits eventually. I've lost more money on "lost opportunity" than I have through bad investing. I also like to bottom fish, but sometimes our bait is just being wasted. Fish can be caught at all depths. A happy little trouncing like the one we had two months ago (or in 1998 or maybe 1990 or 1993 or how about 1987) makes for a wonderful time for getting one's account more fully invested. This doesn't mean that those were the only times one could make money, however. I think we all like to buy efficiently, but to not buy at all can be a mistake also. One choice is to use Mr. Lichello's Twinvest as a method to build a portfolio in an investment. There's also my brother's modification which he called "Termvest." aim-users.com In that model, one uses Twinvest for a designated period of time to bring an account up to its proper AIM starting point. In a bull market even Twinvest can be embarrassing! However, most of us don't have prescient vision so it's a reasonable alternative. :-) Yes, I studied Microsoft thoroughly in the late '80s and early '90s and didn't invest. It was "Too High" for my tastes! :-) Best regards, Tom