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

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To: OldAIMGuy who wrote (4432)	4/9/1998 3:18:00 PM
From: Bruce A. Bowman	Read Replies (1) of 18928

Well, Tom, I see the Idiot is Waving to us again! We better be paying attention, I think. We've really had some incredible gains recently, especially in the large caps. It's hard to imagine a large cap that's lighter than air, but that seems to be what we're dealing with. The up side of all this is that we could see a transition to small caps as the large caps cool off a little. Don Fisher, who writes an esoteric n/l based upon a graphical analysis method he devised, suggests that we should be looking for a correction of about 700 Dow points from present valuations. Of course that can also be accommodated by the market going sideways for awhile while it catches up to itself. I'll guess that would mean at least 1 qtr. of muddy going. Are there any Dow stocks with high yields right now? Bruce

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