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

To: mark collins who wrote (6844)	2/14/1999 5:55:00 PM
From: RFH	Read Replies (1) \| Respond to of 18928

There are a lot of really nice web pages that explain the workings of AIM, as well as real life examples. This AIMing community, I have found, is a very supportive group of highly knowledgeable individuals, led by our fearless leader Tom Veale. Most of the AIM web pages have links that will allow you to surf to your heart's content, learning the intricacies of AIM. Of course, I can only speak for myself, but I was the world's lousiest, unluckiest investor and stock picker before I started AIMing about a year and a half ago. My first "real" AIM stock (by that I mean I started out with the specific intention of applying the AIM/Newport program) was GUMM, started in November of 1997. My return so far is over 37%, with an average annual return of over 44%. elnet.com A few of my other AIM stocks were originally big losers that I converted to the AIM methodology. My favorite of this group is IIT. elnet.com If you check out my home page at elnet.com there are links to Tom's page, the Newport page, etc. Since you happened upon this discussion group, don't let time pass you by. Good Luck Sincerely, RFH

To: mark collins who wrote (6844)	2/15/1999 12:40:00 PM
From: OldAIMGuy	Respond to of 18928

Hi Mark, Welcome. AIM's in between the Buy & Hold investor and the Short Term Trader. It assumes that you have a relatively long term time horizon and want to fiddle with relatively "spicy" stocks. AIM takes profitable advantage of price swings with either stocks or mutual funds. It won't save you from investing in a company that eventually goes out of business. AIM has its own personality and you need to match the personality of the equity choice with it for maximum potential to be realized. AIM does create capital gain "events", so you have to be willing to pay for current capital gains along the way. This isn't a problem for short term traders, they're used to it. However, the Buy and Hold person usually struggles a bit with AIM for this reason. In high performance driving schools, they preach "Smoothness, Consistency and Concentration." This is what AIM adds to many investors' activities. I didn't do too bad as a short term trader, but there wasn't much consistency. It's because ST trading doesn't really look at the "dark side" of trading - a market price that turns against you. AIM offers a strategy for saving your bacon with a good investment that was poorly timed to start - or a market that just turned sour. The software from StockSystem.com allows you to build historical AIM "back tests" to see what AIM would have done with your most or least favorite stocks. Usually it does its best work with your least favorites! Once you've read Mr. Lichello's book, running a battery of "what if" tests with such a spreadsheet will add conviction to what Mr. L's words have told you. Please let me know if I can help as you get started. The AIM web site is meant to be an adjunct to Mr. Lichello's book. The graphs will help you get a grasp of what AIM's all about. There's a "readers digest" version of AIM at the site under the heading "AIM BASICS" that will get you started. Here's the link: execpc.com Best regards, Tom