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

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To: Scott Moore who wrote (5668)	9/17/1998 8:11:00 AM
From: JZGalt	Read Replies (2) of 18928

Scott, I'm not sure what Jeff uses for his Asset Commitment Model, but in this case I believe he would be correct for most people. The research I've done looking back at various points in time indicate there is no reason to hurry into stocks at this time, although it is technically "safe" to do so. For those of you who were unfortunate enough not to buy in on the latest low, I think you will get plenty of chances over the next few months. If I am correct in interpreting the IW, it means that speculation is being lowered, but I'm not sure that translates into immediate gains in stock prices. Just my two cents. I bought a little bit of TMAR the other day, but as of yet, I'm not tempted into the larger stocks that make up the "nifty fifty" portion of the S&P. PMCS and GALTF also look pretty good at these levels, but... From the look of the GLOBEX this morning, it looks like we are still in "churn" mode. Ugh! Down 18 S&P points as the usual meltdown in Japan and Europe continues. ---- Dave

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