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

To: John Langston who wrote (4645)	5/12/1998 2:06:00 AM
From: Bruce A. Bowman	Respond to of 18928

Hi John- Yes, AIM is definitely working for me. Doesn't replace picking good stocks, but even with a bummer pick you have a chance of making at least a small leather coin bag out of a sows ear. I watched the 2 magicians here, Tom and So Cal Steve, buy BSX from the mid-fifties right down into the forties, then sell their way back up to it's current price. The more volatile the stock the better. Tom says he's even trained his broker in AIM and now that person advises interested clients using AIM-recommended trade levels. The only real caution is that AIM requires deep pockets in a down market. The concept is to build cash reserves as the market rallies and spend the cash as the market corrects. The way the algorithm is constructed, it forces you to accumulate shares in a ranging market. If you happen to start as a correction occurs, you're going to be doing some buying from the git-go. Tom's Idiot Wave does a good job recommending starting cash levels so that a person can be prepared for that eventuality. Bruce