A.I.M. Users Bulletin Board

[OldAIMGuy]

Hi Steve, YOY Performance..................

Last Summer's "restockin" of the shelves was good for the portfolio, but really didn't make much of a dent in the cash reserves I was holding. Several of my account's components are now up against their upper cash reserve thresholds. But there's still some others that need more selling to occur before they're max'd out with cash.

With the nominal return on cash, the overall performance is suffering a bit but not enough for me to risk lower levels of reserves. In general volatility is down, but as we saw last Friday, it's not "gone."

We're still seeing pretty good earnings comparisons from a year ago. However, those favorable comparisons will get harder and harder to realize over the next year. I guess that makes me 'optimistic' that I'll get yet another chance to put those cash dollars back to work!

Best regards, Tom