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Re: OldAIMGuy post# 4354

Saturday, 07/27/2002 1:19:29 PM

Saturday, July 27, 2002 1:19:29 PM

Post# of 48393
Tom --

Thanks for the info and feedback. I'm still AIMing, just not totally. I don't believe Japan has bottomed yet. Thirteen years and counting. And still not adequately addressing their core economic problems. My study of historic bubbles (Japan included) is that they do not have happy endings. The misguided drive to globalization, merely compounds the problems, and is one of the symptoms indicating where we may be dragged.

My main AIM concern is that it was not designed to function in a deflationary environment, nor should it have been. In deflation, cash is king. One of the worst case scenarios, is that we're due for a correction of a 200 year USA bull run. (SHUDDER!). This is a scale that I have a very hard time envisioning. The contributing pieces of the puzzle keep clicking into place though. AIM was designed for and in it's era. Maybe Myst's XDEV is pointing in the direction of the present and coming era. More short-term, hit-and-run oriented. Trading focus vs. investing focus.

I'm not totally "gloom and doom" though. I just finished reading, "Dow 100,000, Fact or Fiction". A good book, IF everything works out just right. (Kind of an intellectual whiplash exercise after Prechter's "Conquer the Crash".)

"Men and nations act wisely, only after they have exhausted all of the other possibilities." -- ???

Thanks for all of your AIM contributions and keep up the good work.

Later,

Robo


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