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

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To: Steve Grabczyk who wrote (13742)11/28/2000 6:06:03 PM
From: OldAIMGuy  Read Replies (2) of 18928
 
Hi Grabber, I've been buying as it's been falling. I guess I'll have to do some more soon. My last buy was an additional 9% at $13-7/8.
aim-users.com

Here's the way the IDIOT WAVE components look as of last Friday's data:
aim-users.com (Nasdaq Comp.)
aim-users.com (Veale's Idiot Wave)
aim-users.com (Relative Valuation)
aim-users.com (Speculation)
aim-users.com (Divergence)
aim-users.com (ZEAL!)

As you can see, this market has taken most of the fat out of these various components. I'm looking for a bullish signal on the Speculation graph in particular. It's falling fast and we may get it in the next week or so if things don't turn around first. There's enough NASDAQ stocks in the Value Line 1700 to do the job - especially at -5% per day!!

The more I look at that very high risk reading the IW gave back in March, the more impressed I am with the call. The NASDAQ is now almost 46% off its earlier high water mark.
Man!

Best regards, Tom
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