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Strategies & Market Trends : The Millennium Crash

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To: GROUND ZERO™ who wrote (1666)	11/19/1997 3:44:00 PM
From: OldAIMGuy	of 5676

Hi GZ, To add a different perspective to the whole discussion, I offer the graphs at execpc.com and the associated pages. They show the Idiot Wave and what it is presently reading as well as the previous 10 years. Right now and for the last quarter, it's been in the High Risk area. This doesn't mean the end of the world or a millenium crash, but does indicate that things haven't been exactly easy for starting new investments. The IW indicates presently that a 51% cash reserve would be appropriate for starting a new investment and using a method of management called AIM to tend the stake. Since the IW started calling for High Risk 14 weeks ago, the markets have been relatively flat to down. Not necessarily a bad call. Best regards, Tom in WI

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