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Strategies & Market Trends : Mutuals:AIMing For Profits--Invest In Best -- Ignore unavailable to you. Want to Upgrade?


To: OldAIMGuy who wrote (618)10/26/1997 5:09:00 PM
From: Jim Battaglia  Read Replies (2) | Respond to of 4158
 
AIM: THE BIG PICTURE. This week was not really full of surprises. We have been talking about values in the Japan and New Asia markets lately and were talking about being cautious in the markets (Oct 20th #604).

This week AIM had BUYS in the JAPAN and NEW-ASIA markets. In checking out the other major groups, the PRECIOUS and EMERGING funds are the appearing to be next on the BUY list if they do not reverse at these levels.

Families having a downward chart pattern and heading toward their moving average are HITECH, and EUROPEAN. Those crossing their moving average downward are LATIN and INTERNATIONAL funds.

HEALTH and FINANCE has weathered the market corrective action nicely this past week, as they show no signs of deteriation. This week should indeed be interesting.

Jim
AIMing