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

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To: OldAIMGuy who wrote ()5/11/2000 10:37:00 PM
From: OldAIMGuy  Read Replies (1) of 18929
 
I ran out of time today to get the weekly Newsletter up at the web site. I did a bit of AIM trading, but not as much as the markets would seem to have indicated.

The Idiot Wave dropped another two points this week to an indicated 46% Cash Reserve suggested for new AIM accounts and as a target for existing accounts. This is the same as 32% for diversified mutual funds.

The IW Oscillator is showing a minus 7, indicating that risk is still dropping. My guess is that this week's results will help to reduce the IW's risk indication even further. More next week...............

Best regards, Tom
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