A.I.M. Users Bulletin Board

[OldAIMGuy]

Re: Value Wave Graph Update..........................

Here's how recent weeks' activity shows up in the v-Wave:



This graphic is through last Friday's data, so probably isn't representative of last week's downward activity. (Value Line printed data tends to lag a week to 2 weeks behind real time)

As you will note, there has been some movement to the downside on the v-Wave as the indexes have dropped. The negative v-Wave Oscillator is indicating we might just see some further drop. Looking at Jderb's data for this week, it should start to flatten out at this new level. (JD's data is a week more recent than the paper version)

Of note is this is the first time in about a year since the v-Wave has dropped below the 60% (40% for diversified investments) cash level for new and ongoing AIM accounts. Recent heavy selling was targeted at a couple of industries and not nearly as broadly based as in 2011.

The v-Wave range for the last year has been more like it was during the 2004 - 2007 period. (see AIM Users intro page for historical v-Wave info)