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


To: Dataminer1 who wrote (6658)1/19/1999 9:43:00 AM
From: OldAIMGuy  Read Replies (1) | Respond to of 18928
 
Hi Bill, The MickeyVest Conference sounds like fun. After the Roller Coaster ride we had in 1998, I hope the theme park won't seem too boring!

For an AIM conference, I'd like to see displays from software vendors, talks on AIM by users and also some of the "advanced" things that people like Jack Park are doing. I'd love to have a dovetail talk from some of our AIMers that are experienced at TA and could maybe shed some light on picking entry points. I'm sure we could summon up Jeff Weber for some examples and a good talk.

Maybe that's too big a deal for the first round, but it's what has been on my mind for some time. The alternative is to put together a "road show" and hit the various "coasts" with something. Each area of the country would then have its own "flavor" depending upon who attended.

Just thinking out loud,
Tom



To: Dataminer1 who wrote (6658)1/22/1999 6:49:00 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 18928
 
Hi Bill, I put some finishing touches on the long term study of AIM and some of the minor changes we use. These graphs are the results of monthly AIMing with 5% interest on the cash reserve. The period of time is 16 years! I'm getting calloused fingers!!

execpc.com

You are certainly welcome to use the "vealie" concept in your software. I won't mind if you acknowledge from whence it came, however! I have to maintain bragging rights!!

You asked about using 90% of standard Portfolio Control to start an account that doesn't have a Cash Reserve estabilshed. I've done this to get AIM into the selling mode right away to start building a cash reserve. I took over a friend's IRA a few years ago. He had an equity position of about $24,000 already established, but no cash on hand. He added the annual $2000 to the account right away, but that was still very low compared to what the market's risk looked like at the time.

In this case, I set Portfolio Control to 90% of the $24,000 value of the account at the time. As soon as the fund started moving ahead, we started selling shares. Since he was already quite profitable in the account, this was quite acceptable. We built his cash reserve from nearly nothing to what the Idiot Wave was asking for in about a year! All done profitably and painlessly.

Hope this is what you meant!

Best regards, Tom