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Strategies & Market Trends : AIM Questions and Answers

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To: Nimbus who wrote (189)	7/26/2001 1:19:04 PM
From: OldAIMGuy	Read Replies (1) of 221

Hi NTom, Well, actually, if you think about it, AIM creates its own "idiot wave" for an individual stock. It shows trading usually on the proper side of the 26 week moving average and has maximum cash reserves just when the stock in question has reached its highest risk point. A measure of risk relative to a specific issue would be quite a challenge to develop. There's "relative strength" our there already, but it's measuring "herd mentality" and not any fundamental. Let me think on this a while. Best regards, Tom

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