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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: Bruce A. Bowman who wrote (3800)1/14/1998 12:06:00 PM
From: OldAIMGuy  Read Replies (1) of 18928
 
Hi Bruce, The fact that the IW Oscillator is showing a downward trend is also nice. There's the sum of all the moving averages tied up in the basic Idiot Wave, so it moves like molasses in Wisconsin on SuperBowl Sunday! (Sorry to rub in the Superbowl stuff!)

I don't think we're going to get a full blown Low Risk reading out of the Idiot Wave, but even the middle of the Average risk range would be one heck of an improvement.

Best regards,
Tom
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