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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 (18364)	8/6/2002 3:31:07 PM
From: bob wallace	Read Replies (1) \| Respond to of 18928

Tom thanks for the super quick reply since the IW is an oscillator, there is always the chance it can get lower, and I just wanted to get an idea of what that chance was with sentiment this rotten I normally would be expecting a big rally, and the IW lends support to that idea however, there is something wrong this time, and for a reason I can't quite put my finger on, rotten sentiment ain't what it used to be. I agree with some studies around that esentially say, in a broad way, that all the indicies are going to fall about 50% from here (it may only be 40% right now since we have fallen some) I was thinking that markets don't go straight down, so I was expecting a rally before things got worse, but we are running out of time before we hit the seasonal low points of the year still trading UOPIX/UPSIX, and as I have to come to understand they are strictly trading vechicles, my results have gotten much better I am somehwat concerned about how AIM will preform for all those who were buying in in 1998 - 2000 and who did not sell their shares... I still think that AIM tends to accumulate too many shares, and that that will hurt those who bought high if we have a prolonged, low level, trading range such as we have had following other historical bubbles ... sure hope that I am wrong and things turn out well for all of you thanks again for the reply Bob