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Re: OldAIMGuy post# 37434

Monday, 12/09/2013 4:12:50 PM

Monday, December 09, 2013 4:12:50 PM

Post# of 47157
Hi Tom..

Yup..we seem to be stuck on that 63.79 seven straight weeks. Your technical analysis individual sounds a little bit like a 'sell to the greedy' person!

I have a quote that I picked up from Dan Sullivan about 25 years ago that I often reread when I start to think about making something as simple as AIM more complex.

'Over the years we have listened to inordinately bright young men and women explain the most complicated and clearly sophisticated trading systems. These are systems that they have labored over, nurtured, expended huge amounts of money and time upon, but rarely make money for those employing them. Complexity breeds confusion; simplicity breeds an ability to make decisions swiftly, and to admit error when wrong. Simplicity breeds elegance.' To me that is AIM.

He goes on to say, 'The greatest traders/investors we've had the honor to know over the years continue to employ the simplest trading schemes. They draw simple trend lines (i.e. 26 week MA), they see and act on simple technical signals, they react swiftly and they attribute it to their knowledge gained over the years that complexity is the home of the young and untested.'

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