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

To: JZGalt who wrote (6128)	11/5/1998 4:00:00 PM
From: OldAIMGuy	Read Replies (3) \| Respond to of 18928

Hi Dave, I just hope that my portfolio "communicates" some profits for me!! I'm slowly building an energy portion of my overall portfolio. It's taken quite a bit of time to get this far. I'd add more now if I wasn't so cash poor. Best regards, Tom (who drives a '1961 Jaguar Mk II with a 3.8L in-line twin cam six that gets about 20MPG on the highway, but STOMPS most BMW's!!!)

To: JZGalt who wrote (6128)	11/5/1998 5:11:00 PM
From: jas244	Respond to of 18928

Thanks, Jzgalt

To: JZGalt who wrote (6128)	11/5/1998 5:15:00 PM
From: Bernie Goldberg	Read Replies (2) \| Respond to of 18928

Hi Dave, I'm afraid I have to disagree with you and agree with Jim. That's the whole point of AIM. Nobody knows exactly what is going to happen, or when it's going to happen. By using AIM Jim is covering his backside incase the recovery does not occur as rapidly as he and many others would like. He has a cash reserve just in case the stocks go down so that he can pick up shares at bargain prices. If the oil stocks go nowhere for a while the cash reserve will be earning him a small dividend. If indeed the stock goes up he will accumulate a very health cash reserve so that he will be able to buy shares when the OPEC powers decide to do whatever they have to do to lower prices. That is what the cash reserve is for. It reduces risk! You are right about one thing: Those of us who are geniuses and know exactly what is going to happen in the future don't need AIM. I would love to get tomorrow's newspaper every day for a month. I wouldn't need AIM either. Bernie