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

To: Jim Battaglia who wrote (5767)	10/3/1998 10:15:00 AM
From: OldAIMGuy	Respond to of 18933

Hi Jim, Is that a 2:1 stock split on Revlon? That's nasty! Did they find Revlon Lipstick on Bill C's shirt collar? I guess I'll have to go read about that one!! Best regards, Tom

To: Jim Battaglia who wrote (5767)	10/3/1998 10:53:00 AM
From: OldAIMGuy	Respond to of 18933

Hi Jim, I'm going to see if the library has the data for the Idiot Wave in today. I'd love to see it continue to mirror the TVR rating. Since the IW is loaded with moving averages, it's slower to respond. If I took the Moving Averages out of the IW for mutual funds, it would read in the low 20s for percent cash reserve required. What's interesting is that most of my diversified mutual fund AIM holdings are showing between 18% and 25% Cash Reserve right now. I was all set to do some buying yesterday when the DOW went positive. I sort of hate to buy when the averages are going up. But then, it depends upon which minute one is looking at the market! :-) Best regards, Tom