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

To: Jack Jagernauth who wrote (5502)	9/1/1998 8:20:00 AM
From: OldAIMGuy	Respond to of 18928

Hi Jack, I don't doubt for a minute that you and Dave could be right about a long painful slide. There's nothing we can do if that occurs. A dead cat bounce is almost certain to occur short term. If AIM's fast on its feet, we'll recover some cash for further buying later. Whether the companies in which we invest are still grinding out profits next year is the real question. My friend at AIM Funds tells me the Cash Pump is still running full force in Retirement Accounts. That gives me some comfort. Let's keep an eye on Mutual Fund cash buildup, too. They're a major driving force here. Best regards, Tom