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


To: OldAIMGuy who wrote (6492)12/25/1998 9:01:00 PM
From: Jim Battaglia  Read Replies (1) | Respond to of 18928
 
Tom, I will experiment with this on the Sectors. Below is what I placed in my mutual fund thread and site: You know me Tom...Need to have a little excitement!!!

AIM: Big Picture

12/24/98...Today we have begun the (VIP) Veale Instant Profit feature to our models. Since we have adequate cash built up this year, and the expectations of a Market Year End rally (who really knows!!) AIM is locking in some profits and placing some SELLING STOPS on the following Sectors. HITECH has generated another sell, but since we have over 42% cash we are letting our profits run and put in a stop below this weeks closing point. This will protect our gains that we have made in this last cycle. In addition we are doing the same, (VIP)'s on the EUROPEAN, FINANCE, and AGGRESSIVE sectors. A downturn in these markets will generate some AIM sells if the stop is activated. The Portfolio Controls have all been adjusted. We are sitting with 30% plus cash in Europe, Aggressive, and International. So this move is believed to be justified. Thanks you AIM.

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