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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 (6784)	2/6/1999 6:37:00 PM
From: Dataminer1	Read Replies (2) \| Respond to of 18928

Hello Tom and everyone, It's been a very exciting week for myself and my partner. We just spent 4 days at the 21st annual Florida Money Show at Disney, and we met some quite interesting people. Tom, we met one of your friends, Dick Ansay, who spoke very highly of you. He's really a very nice gentleman and we chatted for quite some time about a variety of topics. Lots of fun. The whole experience at the show was amazing. When we first arrived (fashionably late), we encountered a friendly chap in the hallway who overheard us discussing the "Clinton headlines" from the newspaper and stopped us to chat for about 15 minutes. Turns out he had just given a keynote speech for the show and was one of the big-wigs of Kemper Funds. We explained the AIM strategy to him and pointed him to the AIM community here on the web. He seemed intrigued by the concept of "buying low and selling high". One of the interesting and unexpected things about the show was the brigade of venture capitalists who were more interested in Stocksystem.com Inc. than in our software. We had more "call me Monday" and "send me a business plan" offers than we could imagine. All of a sudden, everyone wants a piece of a profitable 2-man start-up company with .com in the name. Who would have guessed! One of the more interesting observations we made in talking to and explaining AIM to the retail investors is that everyone has been conditioned to think that all investing "systems and strategies" are either "momentum" based or attempt to be "predictive". It was a bit of work to explain that "buying low and selling high" was still a sound investing strategy, and that AIM does not try to predict the future, but relies on the movement of the stock itself to manage the trading. We sure could have used your expertise there Tom. Maybe you'll make a guest appearance at the Vegas show. As with most tradeshows, the most interesting dialogue transpired in the lounge. All in all, it was a lot of fun and quite a learning experience for us, although I'm really getting tired of the phrase "index funds". The most extravagant exhibitor at the show was E-Trade. They had a 30-foot camper parked on the floor with their logo painted all over it and were trying to open new accounts on the same days their systems were down. I didn't envy the young workers who were fielding some very interesting questions from the crowd. We met the Chairman of Profunds who was actually working the booth, and let him know that his funds were quite complimentary to the AIM strategy, and that several individuals were managing their investments in Profunds using AIM. I've got quite a bit of catching up to do with the email and other tasks, so I'll be back later to chat. Add Bulgaria to the list of countries using AIM. It's interesting to note that about 25% of new PCA users are coming from overseas. This week we have several new users in Australia, England, Canada, and Germany. It's truly a global marketplace when you do business on the net. Until later, good investing everyone and always be sure to stick to your plan. I heard from an individual who was "advised" by AIM to do some buying last fall, but was hesitant and let his "common sense" of not buying when the market was tanking get in his way. Turns out, it cost him dearly. Live and learn. Best wishes everyone, Bill stocksystem.com