Hi Tom,
I hope you had a very good New Year and didn't get covered in too much snow.
Thanks for all your help and advice over the years.
I have tried to teach people how to use the AIM method over the years and show them how it can help but I always find it is a case of, as the saying goes "You can lead a horse to water..... etc.
From this whole episode I have recognised my weakness in that despite using AIM I still got sucked into the market hype.
Here the catch cry of the brokers and advisors when it came to the Mining stocks and the commodities was "Stronger for longer" and Supercycle. This mining boom would last 20 years and was only just starting.
Instead of recognising it as a contrarian indicator I got sucked in, although, I didn't have much in the way of speculative mining stocks by that time, I'd already sold out of them, I did have some gold stocks though, these have held up better.
Well, it is now a case of waiting for the stocks we have bought at cheap prices to get to their first sell points.
Regards
Neil
