Hi Bob
"But your comment about anyone buying SPY at that time having a "field day" is right on the mark. And that is how many who try to "time" the market justify their methods."
Bob I said, anyone applying the delayed buying AIM uptrend technique would have had a field day. This statement applies to users of AIM and AIM is not a timing system.
I hope you and other aimers see that the method that I employ is not trying to time the market.
I use the BTB AIM method as was developed and designed by Mr. Lichello with one change; I buy only on an AIM uptrend move at the $0.00 mkt ord.
Prehaps it is better to say that I postpone or delay my buy until an Aim uptrend move has started.
This is no different from aimers saying that they delay a buy if they have 2 consecutive buys to conserve some cash.
In fact, in this entry method, I don't know how many AIM consecutive buys will happen before I make my entry. Look at SPY, from the $154.65 level to $73.93, If placed in a spreadsheet ( dofusdaddy) at the 10% buy/sell parameter, Spy had 10 consecutive buys before an AIM uptrend move occured at the $0.00 mkt ord happened.
Now, if an aimer looked very carefully , they would see that this entry method is far superior and financially safer than entering on the aim algorithm.
Regards
ocroft
