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


To: Bernie Goldberg who wrote (5198)7/28/1998 10:09:00 AM
From: OldAIMGuy  Read Replies (1) | Respond to of 18928
 
Hi Bernie, I think Dave was attempting to do something similar to what Jim Battaglia does with his Twinvest Risk Formula. He wanted the best possible performance initially, so included a smaller than normal cash reserve so the anchor wouldn't be as heavy in the next up-tick.

However, sometimes when we leave our safe harbor behind with too small a sea anchor, a storm can have us drift way off course. Then it takes some extra time to make our destination.

What has always been good for me is that no matter how I mess up on my initial purchase of stocks for AIM, somehow AIM saves me from these "strewie" starts. Again, if the companies are of good financial strength and are just being "cyclical" AIM manages to save us and usually has us prospering after a while.

Best regards, Tom



To: Bernie Goldberg who wrote (5198)7/28/1998 5:09:00 PM
From: OldAIMGuy  Respond to of 18928
 
No particularly good news this week from the Idiot Wave. It stayed at 50 for stocks and 33 for mutual funds. I guess the fact that it didn't go UP could be construed as Good News!!

I'll get the report written tomorrow. Sorry for the delay.

Best regards, Tom