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

To: Condo who wrote (13177)	10/15/2000 8:38:01 AM
From: OldAIMGuy	Read Replies (1) \| Respond to of 18928

Hi EJ, JZGalt (Dave Zawicki) brought a new dimension to our board when he arrived here. He left a big hole when he left us. I'm sure he's managing assets for the BIG BROKERAGE now. Kevin 'Fuzzymath' also looks very seriously at the seasonality of the market and runs his Planting and Harvesting based upon it. AIM follows along this same path but not by predicting these events, but by reacting to them. If Mr. Lichello's model holds yet again in this cycle, you'll see that we've been guided to very solid average purchase prices. Then in the next rally, we'll be guided to very good average sell prices. I once totaled all the purchases in a major down-swing ('95?) in one of my favorite stocks. After something like 14 or 15 consecutive buys, my average cost for all of those shares was around $15. The stock had declined from near $40/share and bottomed near $10. I then asked one of my serious TA guru friends, looking at the stock's chart to tell me where he would be doing his buying. He read his tea leaves, calculated the positions of the moon, planets and stars, boiled up a chicken for soup and checked the bones, drew lines all over the historical price chart and did a few "secret" things that I can't even guess at! After all this divining, he proclaimed that he'd buy in when the price rose back to about $15/share!!! Other than some transaction costs and maybe a bit of Time-Value, AIM had managed to do essentially just what he would have done. At the time I found this both entertaining and instructive! Thanks for jumping in here and bringing your thoughts and questions to the forum. We all benefit from such exchanges, so don't feel shy. Best regards, Tom

To: Condo who wrote (13177)	10/15/2000 8:46:53 AM
From: OldAIMGuy	Read Replies (1) \| Respond to of 18928

Hi EJ, As for JZGalt's second post, I guess this is why we all gather here. I once asked S.I. if they could add a "readership" aspect to their quotient for determining their "HOT SUBJECTS." The reason was because we seemed to have so many lurkers that corresponded via email or Private Messages that never posted here. At the time they had no way of tracking such things, maybe it's time to ask again. My own web site has a great amount of statistical information attached to it that is provided by my ISP. There I find out what countries, government agencies, universities, charitable organizations and individuals come to view my site. As in the past, the "readership" goes way up during market declines! Hmmmm. Does indicate that AIM's a "defensive" strategy, doesn't it? For whatever reason, this site has collected some of the most generous people I've ever encountered. JZGalt was one of them. Best regards, Tom