Hello Conrad, I think I agree completely with your post, but with a proviso for point 1 (AIM tends to sell out). In fact, the Lichello Cycle is very beautifully tuned to AIM, the more I look at it, the better I enjoy it. What the negative TWROI ("your" ROCAR) shows, is no more and no less than that AIM spins off money each cycle. It should do so, for Equity and Cash need to remain more or less balanced. They do! Each time the stock price reaches $10, AIM returns to an about 58/42 Cash/Equity balance, as after the first time the cycle returns to 10. That balance is dropping very slowly, to 56/44 after the 14th cycle.
Regards,
Karel
