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Strategies & Market Trends : Mutuals:AIMing For Profits--Invest In Best -- Ignore unavailable to you. Want to Upgrade?


To: OldAIMGuy who wrote (806)9/13/1998 10:44:00 PM
From: Jim Battaglia  Read Replies (1) | Respond to of 4158
 
AIM has done wonders Tom. We need a definite uptrend now because cash levels are depleted!!!Looking back to 1995 when you started the account, a BUY and HOLD looks like they would be just above even, or a few bucks above... But you show 35% plus with the AIM strategy from Newport. Great Work!!! I included your chart on my site for review in the BUY LOW/SELL HIGH page under the 9/12/98 comments. Thanks again for sharing your nice work.

Jim

investnbest.netmegs.com
investnbest.netmegs.com



To: OldAIMGuy who wrote (806)9/14/1998 9:55:00 AM
From: OldAIMGuy  Respond to of 4158
 
Hi Jim, That account was actually started in 1994. The 35% isn't that grand on a "time-value" basis at this point, but as you say, it's better than Mr. Buynhold would have done. That account was originally started with 80% invested and 20% in cash.

This time around, AIM/Newport owns 38% more shares than when the account started. That should give AIM/Newport quite a head start if the market turns positive for these stocks. AIM/Newport invested about $26,000 in this fund just since January. The account started with a total value of $50,000 in '94, of which $10,000 was in cash at the start. The additional $16, 000 of cash was realized profits in the account.

We've planted the seeds, now all we have to do is wait for the harvest!!

Best regards, Tom