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


To: Bernie Goldberg who wrote (10513)3/21/2000 12:34:00 AM
From: RFH  Respond to of 18929
 
Bernie, I kinda like the party, t-shirt and hats idea. Probably because I was a party-er in my earlier days. Good luck with your decision.

Sincerely,
RFH



To: Bernie Goldberg who wrote (10513)3/21/2000 10:08:00 AM
From: OldAIMGuy  Respond to of 18929
 
Hi Bernie, I don't know much about PALM, so don't think I can coach you on this one. COMS was a dog turned darling in 1999 and there may be more good things to come. Again, I've not followed them closely enough to know. I guess the question you need to address is their fundamental worth.

If PALM turns out to be a market place "fad" it could be painful to AIM it. Sorry I can't be much help here. In any case, please be sure to allocate adequate cash reserves. The Idiot Wave for the week of March 13th, thanks to your data collection, is now showing two components as Bullish and two Bearish. However, the Bears are winning the Tug-o-War right now. Speculation and Divergence are both very high dragging the IW up to a 56% Cash Reserve recommendation for stocks that week. This equates to 37% Cash Reserve for diversified mutual funds.

I find it interesting that this peak in the IW reading occurred with the NASDAQ reaching a new all time high of 5048.62 on Friday the 10th. It's also interesting to note that the NASDAQ a week later was 4798.13, down 5%.

I'll have the March 20 data today and will write a composite report as well.

Best regards, Tom