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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 (15501)	4/3/2001 5:53:41 PM
From: OldAIMGuy	Respond to of 18928

Hi Mark, There may be stocks in the Nasdaq 100 for instance that may never return to prices any where near where they were a year ago. If one is going to salvage some of those, it's going to take a long time by any method. AIMing is still the most likely way to do so. I guess it depends how long that flight to Bermuda takes on which one of us will have made the most $$$$ by the time we get there!! :-) Tom

To: aptus who wrote (15501)	4/4/2001 12:03:52 PM
From: Jack Jagernauth	Read Replies (1) \| Respond to of 18928

Hi Mark, I understand your point of view. To my mind, Tom's approach seems like the better way to look at things. For one thing, I would honestly face up to the reality of my situation...that I am down 80%. To take the remaining 20% and begin AIMing with it as if it's fresh money, and have AIM recommend buys and sells of 5% to 10% of equity, seems a little like getting on a slow boat to China. I could be AIMstering for the next 10 years just to get to break even; after all, we are talking about a 400% increase in the value of the account. In a situation where I am down 80%, I would be interested in a way to get out of the hole and turn a profit as quickly as possible, and that's where Tom's approach makes more sense to me. Regards, Jack