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Strategies & Market Trends : A.I.M Users Group Bulletin Board
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To: Gemlaoshi who wrote (14227)1/4/2001 9:36:53 PM
From: OldAIMGuy   of 18928
 
Hi Dave, Welcome back. I think you missed your chance at the 14,000th Post while you were away! Steve Grabczyk managed that one way to easily.

Well, here we are just 773 posts away from the next award, so stay tuned!......

In this week's newsletter I put a table showing the three month change in the NASDAQ composite after a bullish reading from my Speculation Index.
aim-users.com (about half way down the page)
What I forgot to mention was that in each of those previous events, some different economic focal point had driven the stock market down and boiled off all speculation. It was never the same event twice that wreaked havoc on the indexes. What's common is that after we finally saw a Bullish signal, three months later the market was again very content with nice appreciation in the NASDAQ Composite.

This time it was stinky economic news, Hang-over from the "Bubble", Election trauma and high interest rates. Next time it will be something else or some other combination. The nice thing is that usually the bashing is pretty much over when we get that Bullish signal. I think we're there again. I'm looking forward to a double digit gain in the NASDAQ from here.

Keith and the rest of the ArkansasAIMers discussed this during their meeting this evening. They allowed me to sit in on their discussion. Lots of fun.

Best regards, Tom
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