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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 (6882)2/22/1999 5:46:00 PM
From: OldAIMGuy  Respond to of 18928
 
Hi Dave, I'm thinking I'll let the ASND roll over to LU at this point. It's a tough decision. It will be like taking care of a different personality.

I started with MXF after the nasty devaluation at the end of '94, I believe. That was the last year I raced in the La Carrera Panamericana and I had been impressed with all the developement since the race in 1991. Boy, was I ever too early on that one! Well, I've worked my way out of the worst of the problem over the years and even shown pretty nice profits at various times. Break-even is right around the $12 mark, so anything on the upside is gravy now.

Best regards, Tom



To: JZGalt who wrote (6882)2/24/1999 8:12:00 AM
From: Bernie Goldberg  Read Replies (2) | Respond to of 18928
 
Hi,
Dave your comments are always appreciated but you bring all sorts of complications into picking stocks that have nothing to do with AIM.
I was curious about your comments about the Mexico fund so I ran a few PCA sheets.
2yrs back to Feb 97. I'm going to have ask Tom what the IW recommended back then, but if you started with 46% stock and 54% cash and a $10,000 investment in an AIM program you would have a 6% profit on a stock that has dropped 20% in price. That is counting a $12 commission on every transaction. IT IS NOT COUNTING THE DIVIDENDS! which would be significant since you would have increased the number of shares by about 125%. Also it does not consider the interest on the cash reserve which is up around $6000 for most of the period of time.
Another PCA sheet started in Aug 98 with a 50/50 stock /cash startup shows a 6% profit with a stock that has decreased 6% in price. Con currently there is a 50 % increase in the number of shares.
Please Dave, if you want to talk about PE ratios, currency devaluations,MACD, stochastics, whatever, please do so but AIM is intended for folks with a simpler outlook on life and investing.
Bernie