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

To: Bruce A. Bowman who wrote (6111)	11/5/1998 11:07:00 AM
From: OldAIMGuy	Read Replies (2) \| Respond to of 18928

Hi Bruce, I've raised "adequate" cash reserves in several stocks with recent selling. VTSS and JBL have both sold enough shares for now and I've started "vealies" to keep AIM in balance instead of selling more shares. If risk rises or if the prices rise enough to dilute the Cash Reserve to less than 25%, I'll sell again. As I noted in this week's newsletter, this is the first time I've been able to use the "vealie" strategy in such a low risk environment. Normally I've used the technique only near the top of the market, not just after a bottom. Then again, we haven't had a low risk period since 1990 and the "vealie" wasn't developed until '95. I watch Fidelity Select Electronics (FSELX) as a barometer for the Semis and Tech group. It's made a massive recovery from its lows as well. For those that don't want to bet on just one stock, there's always this sort of sector fund at which to AIM. It's certainly easier than trying to guess what stock will be next year's "DARLING!!" Actually, I think that whole sector will be a "darling" a year from now. Best regards, Tom