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

To: B. J. Barron who wrote (7584)	6/1/1999 9:20:00 AM
From: OldAIMGuy	Read Replies (1) \| Respond to of 18928

Hi BJ, My personal M.O. is to look more for stocks with great long term potential and let AIM handle the "risk management" of the investment while that potential unfolds. All stocks seem to have over-sold and over-bought periods. AIM is very happy to take advantage of these times. However, it's still the core holding that is very important to me for long term capital appreciation. It was the fact that after a while I got reasonably good at picking stocks for long term that led me to the need for the "vealie" and other slight modifications to pure AIM. Those things were found to be necessary during long term bull phases of the market. As pointed out here in this thread, sometimes we also have long term bear phases, as well. AIM's strategy is quite conservative and should help even during those bleak times. Even at a market bottom, stocks seem to bounce around quite a lot. Since AIM's always selling shares on a LIFO profit basis, we should be able to generate some profitable trades even when the market stinks. Then when the market psychology improves we get to enjoy selling all the extra shares that were accumulated during the down period. I imagine that you will suffer a bit of stomach turbulance as we all have when your AIM selections have their first bad period. It takes understanding the long term value in our investments to understand the value of buying extra shares when they are out of favor. Many here have made it through that first down cycle and survived to tell about it, so when it comes, watch how they handle it. Best regards, Tom