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Strategies & Market Trends : A.I.M Users Group Bulletin Board
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To: D VanSwol who wrote (4808)6/2/1998 7:38:00 AM
From: OldAIMGuy  Read Replies (1) of 18928
 
HI Dennis,
SE Wisconsin got off easy compared to some areas in other states that saw the same front roll through. We sat outside until about 10:30 PM Sat. night and were wearing sweatshirts and light coats as the temp had fallen from a high in the low 70s during the day (NE wind, cool air from Lake Mich.) to somewhere in the mid-50s, I'd guess.

When I got up with the sirens, all the windows were covered with heavy condensate (indicates a rapid temp up-shift with high humidity) and I glanced at the barometer which had fallen about 1/4 of an inch since morning. I didn't check the temp., but the wind had shifted and was from almost due West.

Since power was out, I never did see what the front looked like on weather maps.

With the NASDAQ already off nearly 10% from its previous high, the market might have trimmed much of its own fat already. In checking prices near the end of the day, I'll have several buys that will have triggered and more orders to place. I guess I'd suggest that you conserve your cash as long as you can. 100% invested is fun for established AIMers, but feels like a missed opportunity if you haven't been able to make effective buys on the way down.

Several of my accounts are very near 100% invested already. However, my mutual fund accounts are still quite a distance from making any buys. That's the difference between diversification and single stocks, I guess!

Best regards, Tom
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