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: Larry Grzemkowski who wrote (14192)	1/3/2001 7:25:26 AM
From: OldAIMGuy	Read Replies (1) \| Respond to of 18928

Hi Larry, It's tough out there in the jungles. It is fascinating watching those gorillas with their power and intelligence. However, if they get constipated or moody, one can be torn apart by them in a very short time. It is hard to gauge just how much cash to keep on hand for our AIM accounts - especially for those companies that have been truly royal in their performances for years and years. What I'm experimenting with now is a lower total cash reserve and higher buy resistance to conserve that smaller pool of cash. I'm not sure that we'll see another market like Y2K for a while but know we'll at least have a trade range once a bottom is set for the NASDAQ. I'm considering maybe a larger cap index for my portfolio as well. Possibly the SPX but will also look at the sector indexes as well. I've not fully researched them and don't know just what is next. Sector funds have been tempting for AIM use since they were created. The sector indexes might also be good for AIM. They should be low in annual costs, but I've not checked. Using a good discount broker and limit orders makes them appealing when compared to traditional sector mutual funds. I like the low key aspect of limit orders. Thanks for the review of your 2000 year. It's been so long since I'd had to report a crummy year that I'd almost forgotten how to be humble! If there was a Strewie in my activities for Y2K, it was what I did in my IRA. As prices rose, I was selling my more conservative fund (TWCUX) when either TWCUX or TWNOX was calling for some selling. Then, when prices dropped, I was purchasing only TWNOX, the more aggressive of the two. I don't think the strategy was necessarily wrong, but the outcome is that both accounts are now fully invested. My IRA had been about 75% TWCUX and 25% TWNOX at the beginning of the year (each an AIM account with its own cash reserve). Now, a year later, they're almost equal in total value. So, if there's a large cap rally, TWCUX will shine or if there's a return to more aggressive markets, TWNOX will win. It's not too big a Strewie yet, but it all depends which way the wind blows now. If I'd let the ratios be determined only by their own individual AIM activities, the large cap fund would still be predominant and maybe the drop not as great. We'll see! Best regards, Tom