Sunday, April 07, 2024 9:31:45 AM
Hi JDerb, Re: This week's v-Wave showing shorter term stress..................................
Seeing the 18 Month v-Wave moving well above the 3-5 Year assessment gives me a sense that the markets are ready for some shorter term consolidation.
Looking at how much better its estimate of the market's potential was back in 2022 and how far the indexes actually moved after that assessment should offer investors and AIMers alike some need for reflection. Market psychology doesn't favor traditional investors and traders who've now been conditioned by a long upward trend. AIMers should be checking to see if they've been following AIM's directions in boosting cash reserves at every opportunity.
I'd guess a year from now we'll be able to judge whether the current cautious outlook for the 18 Month forecast was again considered a 'good call.'
Best wishes,
OAG Tom
Seeing the 18 Month v-Wave moving well above the 3-5 Year assessment gives me a sense that the markets are ready for some shorter term consolidation.
Looking at how much better its estimate of the market's potential was back in 2022 and how far the indexes actually moved after that assessment should offer investors and AIMers alike some need for reflection. Market psychology doesn't favor traditional investors and traders who've now been conditioned by a long upward trend. AIMers should be checking to see if they've been following AIM's directions in boosting cash reserves at every opportunity.
I'd guess a year from now we'll be able to judge whether the current cautious outlook for the 18 Month forecast was again considered a 'good call.'
Best wishes,
OAG Tom
Buy from the Scared; Sell to the Greedy.....
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