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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 (4877)6/13/1998 8:37:00 AM
From: OldAIMGuy  Respond to of 18928
 
I'm going to see if, by luck, the Library has my data for the Idiot Wave today. With my negative cash flow (exception - DIGI) of late, I'm curious to see if the IW has come down any further. I sure won't mind if it drops out of the High Risk area for a while.

I've been dreaming about the beginning of the year and what a nice friendly rally we had for a while. All I ask is that it trickle down a bit further to my small caps!!

The walls of the Equity Warehouse are bulging! We have inventory stacked in the isles! We may have to rent space at a "You Store It" place! Sure hope some of this inventory isn't perishable!! Who says the warehousing business isn't exciting?

Best regards,
Oscar In Inventory Control
PS: I just noted that we're getting close to the 5000 posting mark. We'll have to come up with a special token for the winner of that post!



To: OldAIMGuy who wrote (4877)6/14/1998 3:07:00 AM
From: Bruce A. Bowman  Read Replies (2) | Respond to of 18928
 
Say, you've been busy buying stock for the warehouse, haven't you? I'd been doing pretty well 'till Thursday when things went ugly, but I saw several things turn at the end of the day on Friday. If we have some follow-thru on Monday we may see a little bounce.

The truth of the matter is that I don't see much to rave about in the index charts like the Dow 30 which just made a lower high and a lower low. They weren't big moves, but ST it's where the trend is. The Nasdaq is steeper and probably headed at least down to 1640. If support fails there, things could get ugly... maybe 1500? Aaaaarrrgh!

What in the world is CDMA cell phone technology, Tom?! You going to make me check into the VLSI thread? :-)

Bruce