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Re: OldAIMGuy post# 5331

Wednesday, 10/09/2002 11:36:23 AM

Wednesday, October 09, 2002 11:36:23 AM

Post# of 48382
Thanks guys.

I am thinking that now is a good time to start an aim acct because the indexes are clearly oversold, the indexes are also starting to approach 5-10 year support levels AND there is a lot of blood on the streets (worst quarter since foreever!).

My plan is to follow the 30 days between successive buys/sells, and I plan to also hold off on buys/sells depending on the markets oversold/overboughtness at the time that AIM flashes a signal. (ie I want to most of my selling when the market is overbought, and most of the buying when the market is oversold).

I would feel a lot better starting at Dow 7000 and Nasdaq 1000, but it might not get there!

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