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

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To: Jim Battaglia who wrote (5765)10/3/1998 9:59:00 AM
From: OldAIMGuy   of 18929
 
Thanks Jim, Looks pretty uniform from that analysis. When viewed from the point of capital wealth lost, it's staggering!

Maybe it's just that the value of my own stocks is already approaching ZERO that keeps them from going down any further!!!

I should do a week to week comparison of my account to see where the activity turns positive first. My JBL stock which gave me some sells a week ago held up well if you look just at the week's close. However during the week it dipped over 5% and then recovered. Not enough to trip either side of AIM/Newport, but indicative of this market's nervousness. One of my friends that was over last night (a fellow AIM/Newporter) said that conversation over lunches this week with his co-workers shows growing concern among "average investors." My friend was saying to them "Stocks are on SALE, Buy!!" but, as you know, that's a hard sell to folks conditioned by market fear.

I don't know if my tiny orders AIMed at the BEAR are enough to hurt it, but maybe if I keep peppering away at it I'll annoy the BEAR enough and he'll just go away!!

Best regards, Tom
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