SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (1666)11/19/1997 3:44:00 PM
From: OldAIMGuy  Respond to of 5676
 
Hi GZ, To add a different perspective to the whole discussion, I offer the graphs at

execpc.com

and the associated pages. They show the Idiot Wave and what it is presently reading as well as the previous 10 years. Right now and for the last quarter, it's been in the High Risk area. This doesn't mean the end of the world or a millenium crash, but does indicate that things haven't been exactly easy for starting new investments.

The IW indicates presently that a 51% cash reserve would be appropriate for starting a new investment and using a method of management called AIM to tend the stake.

Since the IW started calling for High Risk 14 weeks ago, the markets have been relatively flat to down. Not necessarily a bad call.

Best regards, Tom in WI



To: GROUND ZERO™ who wrote (1666)11/21/1997 4:58:00 PM
From: Cage Rattler  Read Replies (2) | Respond to of 5676
 
GZ:

I think I got it. Now my projections are more on target. The "most recent high and low pivot point," comment in your last post provided sudden insight.

Please add your comments concerning the significance of daily price activity, as that relates to the projected "resistance" line. Is it simply a better estimate of resistance level?

Thanks for all the remedial help. I will continue these projections.

When Staff get back, I will be anxious to read his clarification of the astrology stuff and understand how to use that -- it throws me for a logical loop. I've stared at all that asc, des, etc., and make neither hide nor hair of it -- I don't even live in Chicago. Why not use the horoscope of the Dow Jones using Wall Street as a location??? Damned if I can figure it out.

Ciao, Ted