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

To: Steve Grabczyk who wrote (12945)	9/26/2000 9:04:00 AM
From: Bernie Goldberg	Read Replies (1) \| Respond to of 18931

Hi Steve, Last I heard Revenues were up over 100% and Profits were up 79%. The market has shown recently the ability to make a negative out of just about anything. I intend to not worry about the above numbers. I intend to follow AIM by the book. Using COMS and PALM as an example. I started in March of '99 with $6000 in COMS and $4000 in Cash. Today my COMS stock is worth $6,132, my PALM stock is worth $24,975 and my Cash Reserve is at $7,524. This was all done by setting both Safes at 10%. The overwhelming majority of trading was transacted on the 1st and 15th of every month. The only exceptions to this occurred when a price reached a limit order. Limits were calculated by choosing a price that was high enough to give me a sale of at least $1,000. There was never a time in which more than one trade occurred in a week. I am sure that if I went back in time and checked daily or weekly prices I could construct a "method" that would beat this performance. However, I am not a greedy person, and I find this performance totally satisfying. Bernie PS:I haven't seen the new announcement from American Express yet but I don't doubt that it is there. Since I only trade on 2 days a month, it is highly unlikely that I will ever exceed 30 trades a month. In case that should ever happen, I am convinced based on prior experience with AIM that it will be an extremely profitable month.