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


To: velobob who wrote (14479)1/21/2001 7:30:05 PM
From: Bernie Goldberg  Read Replies (3) | Respond to of 18928
 
Hi,
Please don't you or anyone else here on the thread take what I am about to say, the wrong way.
I have feel that I have a pretty good understanding of how AIM works. I'd like to recommend to you that the best way to understand it is to just follow Mr. L's instructions in the book. If you do not because of a lack of understanding have enough confidence to do it with real money, down load some histories from either Yahoo or MSN and input the data to a piece of paper or Newport. To my knowledge there is no book more specific to AIM than Mr. L's. Newport is nothing more than a device to perform the calculations necessary for AIM. Newport doesn't need instructions other than what you can get by pressing the F1 key. This opens the help file and explains everything. Many posters here IMO are too involved in complicating AIM before they even understand its basis. AIM is very much like riding a bicycle. You can analyze it til you are blue in the face, but you ain't gonna learn it until you do it.
Hope this helps without ruffling too many feathers.
Bernie



To: velobob who wrote (14479)1/22/2001 1:30:11 PM
From: OldAIMGuy  Respond to of 18928
 
Hi Bob, As Bernie mentioned, experience seems to be the best teacher of all regarding investing and specifically AIMing an investment. However, you have the benefit of learning along with the rest of the group here.

As I said, I'm not through settling on where or how I'm going to perform my miracle 2X to 1X to 2X switching, but I'm thinking of using the Idiot Wave's risk ranges as the signal. First thought was to use the 50% Cash recommendation as the point to switch from the 2X fund to the 1X equivalent. That's where the Idiot Wave heads into its High Risk range.

Initially I was thinking that I'd stay in the 1X fund until the next Low Risk point was hit. That occurs when the IW drops to 30% recommended cash for stock accounts. However, that happens so rarely that I might use a higher value.

I'll be experimenting using price histories over the next few weeks to see if I can pin this idea down to a good strategy. In the mean time, the IW's in the Average Risk range and there's no reason to think about switching at this point. Just make sure you execute AIM's good advice on selling as well as buying for now.

Best regards, Tom