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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 (5329)8/15/1998 8:07:00 AM
From: JZGalt  Read Replies (1) | Respond to of 18928
 
Bernie, I agree completely. Hindsight is 20/20 on my part but I just wanted to make the point that perhaps trading as often as twice in one day was not the smartest thing to do. Right now it feels sort of like when you were learning to drive and had that first brush with an accident. Luckily I wasn't completely stupid and put my real money into the sector using AIM although I held some oil service issues I already owned despite the trend.

One of the things I intend on doing at the website is to compare and contrast the "traditional" AIM methodology as outlined in the book vs. the "enhanced" version I tried to implement. Probably of interest only to a few people on this thread, but the exercise may offer some insight into what can go wrong in the short term if you try to second guess the advice.

FWIW, I still believe that this sector is AIM'able simply because it does have boom and bust cycles and if you stick to the major companies you are unlikely to see them go out of business.

----
Dave



To: Bernie Goldberg who wrote (5329)8/15/1998 9:34:00 AM
From: OldAIMGuy  Read Replies (1) | Respond to of 18928
 
Hi Bernie, How about if he'd used the IW's suggested Cash Reserve for individual stocks back at the start?

Best regards, Tom