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Re: investor5001 post# 28591

Thursday, 10/16/2008 2:25:43 PM

Thursday, October 16, 2008 2:25:43 PM

Post# of 48346
Hi Investor5001

>>>>I used your idiot wave as a guide to determine how much cash to keep onhand. I stopped using it about 18 months ago. Now I would like to resume AIM.
Can you suggest any replacement for your idiot wave figure? (I plan to use the mutual fund Ultra as my investment].
Thanks for any help.<<<<

As posted earlier the Vwave is a good replacement for the Idiotwave.

Having said that i would start a new account with a minimum of 20% cash so you have at least SOME bullets to buy at lower prices. While an ULTRA fund might be good if you catch the exact bottom of the market, any of the ultra or short funds do not track (or inversely) accurately over the long run.

AIM will give you comfortable gains. You do not have to strive for the highest gains possible and risk greater losses. A 60% awing in the market in six months is enough volatility >>grin<<

Toofuzzy

Take the road less traveled. It will make all the difference.

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