A.I.M. Users Bulletin Board

[OldAIMGuy]

Hi Al, Re: SAFE settings in a Secular Bear Market......
It was in Feb. - March of 2000 that I told the AIMers that I was shifting all the SAFE value to the Buy side and using 0.0% SAFE on the Sell side. I've still not changed that back on most of my portfolio. In other words, I'm still defensive in how I'm structuring AIM's bias.

I think we need to remember that the "economy" is "recovering" and isn't really "growing" at this point. The Patient is healing, but not necessarily all well at this point.

As I've mentioned, I think the small to mid cap markets are where the greatest risks are presented. It's where the speculation is the worst and also where the relative valuation is the shows the most bearishness.

Best regards, Tom