A.I.M. Users Bulletin Board

[CindyH]

A few questions. I started buying OIL at $21 and below $40 a barrel. I thought I understood contango but I clearly didn't know how it would play out. Now oil is @ $40 a barrel and OIL is below 17. If the price of oil continues to go up, can I expect OIL to follow? And is OIL good to hold here in your opinion? I plan to AIM sector funds so should I trade OIL for IYE and own the companies instead? Surely would appreciate your feedback.

Also I remain very excited about AIM but I have had some bumps in choosing ETF's. I am planning to end up holding Global Telecom IXP, Utilities IDU, Tech IYW, IBB, Real Estate IYR, Steel SLX and Commodities GSG. I rethought XLF and am replacing it with KRE. Any suggestions?

If the market hits a bottom and continues in a trading range which may be possible, won't AIM do well? I remember in one old message someone (probably Tom) mentioned the courage it took to stick with AIM throughout the bottoming process of the market. And does it! Some of you have shared how you are managing. It would help me to hear how others of you cope. Do you raise cash, buy options or reverse ETF's?

Thanks for all your help. Cindy