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

To: Steve Grabczyk who wrote (15762)	4/28/2001 10:04:45 AM
From: OldAIMGuy	Read Replies (3) \| Respond to of 18929

Hi Steve, Maybe we'll have to have a Squat Award this year at AIM 2001. Like I said, if you're selling at a LIFO loss, "it don't mean squat." Mr. L's formula created a system of always generating LIFO gains even in the absence of FIFO gains. His famous $10-8-5-4-5-8-10 model is a compound of about 30% per cycle with no FIFO gains in the early cycles. 30% does mean something. I guess it depends on one's definition of "Squat!!!" Where's Bill C. when you need him? ~30% per cycle, 16 cycles = 10,000% gain (approx.). $10,000 invested goes to $1,000,000. Thank you Mr. Lichello. Best regards, Tom