Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jack Jagernauth who wrote (5269)	8/4/1998 4:27:00 PM
From: OldAIMGuy	Respond to of 18928

Hi Jack, Many of these purchases are being made on "good until cancelled" orders placed some time ago. Those initial buys I'll just let happen. Next week, I'll freshen the whole bunch of orders and let them fly, too. With my IRA in Ultra Fund (TWCUX) I can place my order "good for 90 days", so placed basic orders to buy if the price falls to $32.35. Now I don't have to watch the chaos, just enter the "damage report" with Newport when the order fills!! There are some stocks in which I've already made sizable investments in the last few weeks/months. Those that are lean on Cash Reserve I've increased the Buy Resistance (SAFE) to a higher level to postpone the continued buying until we reach a new lower plateau (bottom???). In 8 months more than a full decade, I've not been steered wrong by AIM. I'm not about to give up faith even with the massive equity suicide going on at the NASDAQ and S&P500. It's just time to get out our recipe books for fresh dead Lemming and fire up the Weber grill. These lemmings spoil fast, so we have to cook 'em up quickly. That's the only way to profit from the experience. I know that all the TA charts look like the view from inside a toilet bowl at a train station, but as far as I'm concerned, this market is over-reacting. If we continue to buy more shares of our best quality (and I mean VALUE as much as any other measure of quality) stocks, we'll be very pleased with ourselves and with AIM in a short while. Even corpses eventually float back up!!! Best regards, Tom