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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: Jack Jagernauth who wrote (7997)	7/26/1999 4:43:00 PM
From: OldAIMGuy	Read Replies (1) \| Respond to of 18928

Hi Jack, I tried the link to execpc.com again this AM and it worked fine. Maybe the ISP was having a problem - there had been some heavy weather around here on Friday. I've been busy with some of the Idiot Wave data. I decided to see what the shape of the curve would be if I took the weekly IW value and subtracted the Average Value of the IW since 1982. Then cumulatively add all the values together. The average value of the IW is about 41, so this last week, we'd have a +9 value because the IW was 50. So the grand total goes up by nine points. Back in 1987 the value was pretty high. Only recently has that peak value been eclipsed. Actually, the total has been negative more years than positive since 1990. I'll be displaying this graph with the coming Newsletter this week. I think it is quite interesting that last Fall's temporary drop in the market didn't do much to relieve this *Cumulative Idiot Wave* reading. More later...... Best regards, Tom