A.I.M. Users Bulletin Board

[SFSecurity]

Toofuzzy wrote:

To me the oscillator turning negative means the market has topped, is likely to turn down, and while risk in absolute terms might be declining and the V wave may decrease in the future, it may be worthwhile to wait before investing new money or creating a new AIM account.

I don't know about the oscillator or even really understand how it functions, but I think he is right about taking a wait and see approach for a while. Of the new IPOs last week, most failed to gain traction and lots of the market is moving sideways it seems to me. Might just be a needed correction after last year or it might be a harbinger of a longer down trend. I'd say keep bot your cash and powder dry.

Best.

Allen