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


To: fuzzymath who wrote (14208)1/3/2001 11:55:07 PM
From: OldAIMGuy  Respond to of 18928
 
Hi FM, Well, I'm about as fully invested as I dare get considering I know I have to pay my Uncle come April 15th.

My bond fund did very well in 2000 and got a small boost today with the rate cut. My guess is it'll be over $8/share by mid-year. (ACG is the ticker, 52 week low was around $6.50) All the time it's been kicking out a fat monthly dividend.

Finally this week my Speculation index gave a Bullish signal. I'll have the newsletter up tomorrow afternoon. All through December I expected it to turn bullish with the hellish selling that was going on. Finally the data has caught up with reality, just in time for the FED rate cut. So, I doubt it will stay in the Bullish range long.

Y2K turned out okay for me. I'm looking forward to rebuilding my cash reserves in any rallies we have. I have all the limit orders already placed, so it'll start happening when it happens. In the mean time I can continue cheerleading for the AIMers! I think as a whole they did very well (especially the relative newbies). Y2K has seasoned many of them into being good future investors. If they hadn't been using AIM many of them probably would have abandoned investing after such a year.

Best regards, Tom