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

To: OldAIMGuy who wrote (4973)	7/9/1998 1:16:00 PM
From: Bruce A. Bowman	Read Replies (1) \| Respond to of 18928

Hi Tom- So far I can say the same, but then I have had a very fortunate selection of stocks. Most have suffered thru a losing period when I first bought them, but once the trading activity started they've all gone positive and stayed there. I could easily have picked different stocks that had the same numbers in the analysis and found myself holding a losing position for a long time. There's been a lot of luck involved in my case. The key to comfort here is to have LT confidence in the stock you buy. None of this AIM stuff works if you don't think the investment will be successful LT. Remember the doom and gloom that surrounded IBM's fall from favor? IBM isn't one of the high beta stocks that AIM likes, but look where it is today. An AIM program would have netted a great return with buying all the way down to its' low of 20-5/16 in 1993, then selling out of the hole it had dug. An AIMer would have been sorely tested on that one, but it worked because IBM will probably always recover. There were better places to put AIM $$$, but it supports the point about confidence. Bruce