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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 (11969)7/5/2000 6:11:06 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 18928
 
Hi Bernie, Our UOPIX account is a bit leaner on Cash Reserve than yours. We're around 16% Cash right now. That's enough to do some serious buying if the price drops and leaves plenty of room for selling too!

My overall account is up 27.5% for the year to date and the cash reserve is keeping pace almost exactly. So, although not as fully funded as I'd sometimes like, it's in good shape.

The Idiot Wave dropped again this week to 38% cash for stocks and 25% for funds. I'll have the report up tomorrow. I'm guessing we're on a "Plain" right now. We're were stuck in the High Risk Mountains back in March but now are back in the boring plains. It always seems such a long time between watering holes here on the plains! But, I had a good hunt today bagging four Sells by the close. Not bad on a day that otherwise was pretty smelly!

Best regards, Tom