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


To: Bruce A. Bowman who wrote (4726)5/20/1998 7:43:00 AM
From: OldAIMGuy  Read Replies (1) | Respond to of 18928
 
Hi Bruce, That nationalized medicine scare at the beginning of the clinton era didn't do anyone already invested in the medical and pharm. stocks any good - unless they were using AIM, that is! Unfortunately, I didn't step in at that time and buy any stocks. Sad!

That was a classic example of market psychology. Those that sold in fear gave back previous gains - those that stayed made out just fine. AIMers would have probably picked up about 33% overall gain after the dip and recovery. Gosh, maybe we should thank the clintons!

Best regards, Tom