Replies to post #28589 on A.I.M. Users Bulletin Board (AIMUSERS)

[investor5001]

Hello Tom:
I will get right to my question. 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.

[investor5001]

Hello Tom:
I am the investor looking for a replacement for your "idiot wave". The v-wave chart of 10/13/08 shows about a minus 35% cash figure. I would divide the 35% by 1.5 to get the cash figure for my "Ultra" mutual fund,which would be about 23%. Is this correct?
Also, since I do not plan to borrow money for my Aim, this means I would ignore the chart until it returns to positive territory. Is this also correct?
Thank you for all your help.