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


To: Bruce A. Bowman who wrote (6046)10/29/1998 7:40:00 AM
From: OldAIMGuy  Read Replies (2) | Respond to of 18928
 
Hi Bruce, Usually the Idiot Wave confirms a market low by going to low risk. With the Oscillator still dropping, we may see a lower value for the IW, but (I hope) we've seen the market price bottom!!

Inside the components, we saw 3 of the 4 go up in value, so the Oscillator will turn back to positive values soon, I'd guess.

I do like the low overall value on the IW. It lets me start using "vealies" sooner!! That lets us get more milage out of our recent AIM purchases.

Best regards, Tom