Is anyone familiar (or using) this strategy? It is in a book called "How to make $1M in the stock market automatically!"
<img src="http://www.aim-users.com/cover.gif">
There are detractors of course, saying that the author had 20+ years to put into action and wasn't a millionaire when he died in 2001 at the ripe age of 75.
But the idea is intriguing. I *don't* suggest you read the book because it is very badly written and has about 95% filler. This is a good summary of the ideas:
http://www.aim-users.com/aimbrief.htm
My take on it is that it seems to be a strategy not for all seasons but for high volatility (range bound) type markets. But I'd love to hear others' thoughts. Especially if there is anyone out there actually using it.
<img src="http://www.aim-users.com/cover.gif">
There are detractors of course, saying that the author had 20+ years to put into action and wasn't a millionaire when he died in 2001 at the ripe age of 75.
But the idea is intriguing. I *don't* suggest you read the book because it is very badly written and has about 95% filler. This is a good summary of the ideas:
http://www.aim-users.com/aimbrief.htm
My take on it is that it seems to be a strategy not for all seasons but for high volatility (range bound) type markets. But I'd love to hear others' thoughts. Especially if there is anyone out there actually using it.