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Strategies & Market Trends : ASSET COMMITMENT MODEL

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To: Jim Battaglia who wrote ()8/15/1999 9:51:00 PM
From: Jim Battaglia   of 176
 
ACM for weekending 8/13/99 remains BEARISH. Recommends that 25% maximum be placed at risk in the market. The DMI (Dominate Market Index) is showing some improvement and is in NEUTRAL (CAUTIOUS) mode and any positive move in the OTC will project that back in a favorable position and with that Hitech's usually follow. Many of the indicators, modified now to only 12 are still negative. This week with any positive action will produce some BUYS in the concensus signal. We need to have 7+ GREEN to go back 100% into the market. A move to 6 would get us in 50%. We will just have to wait and see. The majority of investors that follow our model are asked to remain invested in the market at least 25% in a bearish climate, unless you are not good at risk adverse and are not real active. We really do not know how to call a BOTTOM so we want the average investor to be in a position even tho 25% to take advantage of these market rocket days that happen periodically.

Have a good weekend.

investnbest.netmegs.com
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