Lichello's AIM

Discussion in 'Strategy Development' started by Babak, Jan 12, 2006.

  1. Babak


    Is anyone familiar (or using) this strategy? It is in a book called "How to make $1M in the stock market automatically!"

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    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:

    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.