Replies to post #958 on A.I.M. For Exchange Traded Funds (ETFs)

[OldAIMGuy]

Hi Don, Looks like we're near the cusp of a melt-down if I understand the example. I guess that's why CASH is one of the nice four letter words!!

I guess we could consider this gauge an "overbought/oversold" kind of thing or possibly similar to the Fosback Hi/Lo Logic index. At the extremes it's bullish but in the middle it shows divergent thinking which is bearish.

Best regards, Tom