A.I.M. Users Bulletin Board

[SFSecurity]

Hi Adam, I understand your concern and it is quite legitimate. However the range and velocity/volatility of most ETFs are so small that one can go several years before anything can happen. I'm most certainly not suggesting any great amount of money, more like Firebird400's Pocket Change Portfolio. See post #41728 and the earlier post #40329 for the basics behind the reason for looking at EMMD and similar possibilities.

Had I jumped on EMMD when I first heard of it, about the 1st of February, I would have made 257%, $12,858.60 on $5,000, with 1000 share minimum trade, $1000 minimum trade, 10% buy safe, 0% sell safe, and 50% cash. Had I really gambled with only 20% cash I would have made $22,663 or 453%.

Frankly I was too concerned that it was a pump and dump like one I lost $200 on about 30 years ago. That experience kept me totally out of the market until my mother needed a hand a few years ago. I clearly was thinking about trying again in April of 2002 as I recently found the receipt for buying the 4th edition of Lichello's book, but I never followed through. Now I need to make up for lost time in learning how and what to do rather than twiddling my thumbs in retirement.

Best,

Allen