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

To: Jack Park who wrote (5282)	8/5/1998 6:48:00 PM
From: OldAIMGuy	Respond to of 18928

08/05/98 - NEWSWIRE EXCLUXIVE - Wong View of Market: In Newswire interview, we gained the Wong view of the market. The Wong indicators predicted all financial market conditions for the last 18 years within plus or minus 3%. Today after over a year of seeking an interview, Newswire had the opportunity speak directly with renouned Market Theorist, Arways Wong. Famous for the creation of the Errorit Wave Theory, Mr. Wong has brought a level of understanding to the underpinnings of the market. Last seen in public on October 16, 1987 - the last business day before the CRASH - Arways said that he still feels somewhat responsible for the 600 point (25%) one day drop known as "Black Monday." In an apparent mis-communication, Wong was overheard talking with a co-worker at breakfast on his usual train ride from his home in Connecticut to the Wall Street offices Arways Wong Investments, Ltd. In the discussion, Wong stated that he thought the market would "excel" during the next few months. Unfortunately, the person who overheard the conversation thought he heard Wong say he would "Sell during the next few months." It is now well documented how this unfortunate bit of evesdropping effected the market during the next few hours, weeks and months. Mr. Wong told NEWSWIRE that at first he was going to attempt to stop the massive sell-off attributed to the mis-quote. But after the first two hours, he realized that his reputation for market timing was at stake and since the market was crashing and everyone was praising him for "seeing it coming", he just let it go. One of Arways Wong's most controversial indicators is his PPMC (Purchasing Power of Major Currencies) Index. His exact formulae have never been revealed, but he states the basics as: "I first obtain all the numerical values of the major currencies as fractional values of the US Dollar. I then sum them and take a look at the total value. When that value falls below $0.00, I know that we're in for some serious DooDoo!" This is exactly what happened last October. Even in the secretive world of Arways Wong, leaks can occur. Absolutely nobody in the world except Wong knew in advance that the world was about to experience what's come to be known as "Asian Flu." However, three days after Wong liquidated his entire portfolio and bought ToFu Futures the leak occured. We all know the results. Just within the last three weeks, as the NASDAQ Composite was reaching new highs, Wong's Errorit Wave signalled that there was a mood swing in progress. He claims that the last few days of sour market conditions was "quite predictable!" In a stunning bit of revelation, Wong claims to have now shifted his entire portfolio to the long side of the Small Cap. market. Wong's son, that recently graduated from Harvard Business School, is in full agreement with his father. In a final statement he said, "Two Wongs can make a right!!"