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: Scott Moore who wrote (5454)	8/28/1998 7:57:00 AM
From: OldAIMGuy	Read Replies (1) \| Respond to of 18928

Hi Scott, The weather here (and in Ohio last week) has been great. We had some clouds blow in last night, and they leaked a bit this AM, but other than that, we're in good shape. One thing that separates AIM users from other forms of investors is that they can make a decision and stick to it - even in the face of what scares the heck out of most other investors. This ability to make decisions is also what keeps most others from exploring AIM in the first place. It's like they don't want to corrupt their ignorance of the market's psychology with anything that might help them! I sympathize with your frustrated attempts to engage others in AIM. An acquaintance that I suggested AIM to as a model about 10 years ago asked me about it again just a couple of weeks ago. I'm sure that something will distract him again and prevent him from ever trying it. One of the reasons I like the bulletin board and web site "teaching method" is that I only have willing "students!" I have lots of respect for those who can daily teach to an unwilling audience! I don't have the knack. I've worried that my AIM site and this forum would deteriorate into "preaching to the choir", but so far that hasn't happened. If anything I think the forum is growing in experience, strength and personal feedback of new ideas in both basic AIM activity and possible investment opportunity. Regarding the buying and selling of mutual funds, I make a stab at "timing" my buys and sells by waiting until after noon on the day I want to trade. Then if the NASDAQ or S&P500 is still up (for selling) or down (for buying) I place my order. I'd say that I'm successful about 8 times out of 10 in getting as good a price or better than I had anticipated. When the market has reversed on me those other two times, it's usually only meant a few pennies difference - not enough to upset AIM or me. Does the 401K plan continuously add to each the equity and cash reserve sides? Are you Twinvesting the new money and AIMing what's already there? Do you have your Buy Resistance (Buy SAFE) set low for accumulation bias? My own IRA and personal mutual fund accounts both will have triggered buys as of today. I entered a big order before yesterday's close for more shares of my TWCVX (personal account) and got a "great" price. I'll bet when I enter the results in Newport today that it will beg me for even more money. Ultra (TWCUX, my IRA) has been more stable and has done just trivial buying so far. Last night's close may be low enough to have come below my next buying threshold. In any case, since today is Friday, I'm sure many nervous investors will cash in before the dreaded weekend. Who knows, by Monday maybe we'll have new leaders in two of the world's countries! That's not a thought with which non-AIMers want to live - even for two days! Then next weekend is a THREE DAY WEEKEND!! Horror of horrors! Then maybe we'll get back on track a bit!! Best regards,Tom