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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 (5715)9/22/1998 4:37:00 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 18928
 
Hi Bernie, While we've been thinking about such things, good ol' AIM's been down in the warehouse packing boxes and shipping off some recent orders! We managed to ship about 6% of our JBL shares off at $35-1/4 and about 5% of our CHIR shares at $21 to new owners.

I certainly hope the new owners are as pleased with the shares as I have been! JBL was a LIFO gain of about 48% in two weeks and CHIR brought in a 41% LIFO gain in three weeks. All this makes me quite happy! Since we have no shortage of inventory, we're looking forward to new orders coming in!!

Best regards,
General Manager - V.I.E.W.



To: Bernie Goldberg who wrote (5715)9/23/1998 2:39:00 AM
From: Jim Battaglia  Respond to of 18928
 
Bernie, that has crossed my mind before and been working on it. This the only time I have seen the "Bear Funds" make any decent money due to the recent market drop. The best strategy which is a little contrary to AIM philosophy is to move assets to a "short fund" during a downturn. You would need to liquidate a portion of your stock fund and cash to open a new account. I will try to run some numbers. I know that you can switch from Rydex OTC to Ursa and have the potential to gain 20% in the market. It is one of my strategies on my site. However, have not develop one for AIM yet using short funds. Will attempt to work on a back test model and if it produces any worthwhile results will report on it. I know for a fact during this recent move down, it will show some merit. But can we wait 10-12 years for such Bear Markets? AIM wants more volatility than that.

Jim
investnbest.netmegs.com