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


To: OldAIMGuy who wrote (17019)10/8/2001 12:05:55 PM
From: OldAIMGuy  Respond to of 18928
 
I did make an error in the 1990 data for the Idiot Wave Low Risk report. The 1990 period started on 09/21/90 and continued for 21 weeks. The NASDAQ started at 362.25 at that point and was at 464.15 six months later for a rise of 28.1%. At one year (09/21/91) the NASDAQ had risen to 527.19 or +45.5%.

It is important to note that the NASDAQ stayed nearly flat from late September, '90 until about mid-January, '91. It was after the Desert Storm operations began that the market started to recover.

Sorry for the error,
Tom