Replies to post #42627 on A.I.M. Users Bulletin Board (AIMUSERS)

[OldAIMGuy]

Thanks JD, I took a quick look and haven't found the v-Wave this high before. Did I miss it?

Value Line has its Yield at 1.8 now. That's as low as it was in Fall of 2007 and once again in Spring of 2011. Neither foretold of great short term results......

Value Line's Appreciation Potential at 20% is a very rare event. I'm glad the v-Wave is giving high water mark opinions here.

[OldAIMGuy]

Hi JD, Re: All Time High v-Wave reading..............

I went back through the data to January of 1982 and don't find a single time the v-Wave has been this high.

There's heavy betting on the expected positive effect of the new corporate tax laws and how they will soften the P/E ratios.

[hrfanmike]

Understanding the v-Wave?

Just to make sure that I am clear about the v-Wage, if using with a diversified fund such as an ETF with a 1.00 beta, I would want to be about 45% cash and 55% invested. If the beta was, say, 1.16, I would want to be 1.16 x 44.61 = 51.75 cash and 48.25 invested? This seems like a lot of cash to be holding and is actually a pretty ominous sign of things to come. Is this consistent with what all of you AIMers are actually doing?