A.I.M. Users Bulletin Board

[SFSecurity]

The Chart of the Day was the Russell 2000 and it seemed that it has been going sideways for a couple of weeks and is headed back towards the support line that was shown after having been bouncing around near the resistance line.

Having said that I have done better with some of my investments going down first before going up with Aim.

My experience so far with backtesting a variety of stocks and ETFs is that it mostly takes 6 to 18 months to get into positive gains. I think that this is an artifact of having to have a bit of a downturn before AIM can get a handle on a new position.

Ocroft's post #35655 seems similar to my experience of the best way to AIM, which is to buy after the beginning of an upturn and to buy what you would have bought on the way down but held off doing. This is also the advice of one class I took which says that in a bull market buy after the first buy signal that comes after a sell signal. In backtesting that with a bunch of possibilities it seems to provide a higher percentage of successful trades, even with EFTs. This also aligns with the advice the other day to buy the 3 sector EFTs that have done the worst over the last year or two.

Given that there is a lot of noise about things being fine and the bull market has a was to go, I tend to believe that it often happens like this near the end of a bull market. The same is true during a bear market. Lots of hand wringing about how awful things are and they are bound to get worse, etc.

The other index, a private one, is monitoring the spam I get for they type of messages. The ratio of "make a million bucks overnight" to "be prepared for confiscation of your assets, put them in xxx" type messages has changed over the last month or so and the naysayers are more common now.

Best,

Allen