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

To: Bernie Goldberg who wrote (6906)	2/24/1999 8:45:00 AM
From: JZGalt	Read Replies (2) \| Respond to of 18928

Bernie, Quite a bit of what I talk about is non-AIM, so I will edit those things out from now on. This is an AIM thread after all. I just thought people would be interested in the background of stock selection techniques which as you pointed out to Keith has nothing to do with AIM. The problem as I see it with AIM is that if you pick the wrong stock even AIM will not save you from a poor return and I see no reason to buy a stock which is about to be crushed by a tidal wave just because AIM will eventually right the boat. As far as the Mexico Fund is concerned, I guess we already have the answer at hand. Tom which investment has been more profitable on any basis MXF or VTSS? ---- Dave

To: Bernie Goldberg who wrote (6906)	2/24/1999 12:50:00 PM
From: OldAIMGuy	Respond to of 18928

Hi Bernie, I started with MXF in Jan of 1995, just after the devaluation. The price was WAY off it's previous 52 week high, so I bought in at $21/share! Brilliant! I don't think it's been above that price for more than about 15 weeks since! It would be completely dead money with a price of about 1/2 of what it was when I started, but AIM's managed to pull off a gain of about 7% for me, excluding all dividends and interest. I also own 5X as many shares as when I started. So, if they prosper, I'll prosper. BTW, the Idiot Wave for Feb. 97 was 50%, so you're not too far off in your guess. I don't know if I'll hang around the MXF fund or not. I guess after enduring the pain, I should allow myself to enjoy the gain. But it sure has taken some serious patience! Best regards, Tom