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OldAIMGuy

11/08/07 7:55 AM

#24830 RE: extelecom #24825

Hi ET, Value Line shows 40% AP for this week.

That would, if you use it as I was thinking, mean 40% invested, 60% cash reserve. Pretty bearish, but I know of another indicator that is giving a similar signal.

These levels would seem appropriate for individual stocks, not diversified mutual funds. With that other indicator, dividing the cash level by 1.5 to get the "fund" cssh reserve indication. It seems it would work here, too.

Best regards, Tom
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minstrlman

11/08/07 8:54 AM

#24834 RE: extelecom #24825

Extelecom re: "MM, Are you going to post it for this week?"

Tom already posted the current percentage. I'll start posting with the new VL edition (I'm not certain when it comes online, but I'll be checking daily.)

Best,

MM
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Toofuzzy

11/08/07 9:31 AM

#24839 RE: extelecom #24825

Hi ET

The " Intelligent Wave " is 60% cash for the week.

Toofuzzy