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


To: aptus who wrote (14904)2/16/2001 3:46:19 PM
From: OldAIMGuy  Respond to of 18928
 
Hi Mark, If AIM has one personality trait that most folks need to learn it's AIM likes to say, "I Told You So!"

Best regards, Tom



To: aptus who wrote (14904)2/16/2001 5:09:30 PM
From: OldAIMGuy  Respond to of 18928
 
In looking over the time frame since we rolled over to Y2K and comparing it to the '90s, one thing comes to mind!

The '90s were a time that ANYONE seemingly could make money in the stock market. Y2K has brought on a time where only very serious, disciplined investors are making money. This isn't a market for wimps!

Well, like in the Star Wars movies, "I felt a tremor in the FORCE" today! It seems that the planets Dell and Nortel exploded! What surprised me what that I didn't even require my Lichello Light Sabre today. I quickly checked and as far as I can see, AIM didn't trip a single Buy Order. Not that my net worth didn't feel the tremor, but all in all VIEW seems to have survived.

This afternoon so far I've been able to talk to Bernie in Colorado and Tom in Minnesota. All of these conversations were courtesy of the internet and Ma Bell didn't even get a chance to bill me. Not bad!

In our conversation, Bernie and I were comparing notes on how well AIM works with stocks with nice dividends. The stocks themselves may not be all that glamorous, but the results on a Total Return basis look great when AIMed. We reviewed ACG and how it managed to return better than 20% on a Capital basis in 2000 plus dividends! We also reviewed R.E.I.T.'s and how nicely they have worked as well.

As Mr. Lichello pointed out in his book many times, we don't need to own next year's best performing stock to have a great year with AIM. AIM does just fine with cyclical stocks and they're lots easier to find!

Tom from Minnesota asked how often AIM trades should be expected and how often should we react. This is always a problem when getting started. First thing to remember is that we, as AIMers, are here to "react" to the market, not guess its future. We let the market come to us, not the other way around.

We don't want to "over-trade" or take bigger risks to attempt to compensate for recent past mistakes. This is usually self-defeating. It's better to keep the bases loaded than it is to attempt all home runs. The most games won at the end of the season will usually go to the team that has great base hitters.

Forgetting that many people might not be able to sign on in the afternoon during the workday, I set today's time for the aim_users talk. Maybe it would be better to pick a time in the evening for this. Something similar to what I've done with Keith's group.

May AIM's Force Be With You!,
Tom