News Focus
News Focus
icon url

OldAIMGuy

10/16/08 8:18 AM

#28593 RE: investor5001 #28591

Hi i-5001, Re: risk indicator..............

If you look here to expand the i-Box you'll find the v-Wave.
http://investorshub.advfn.com/boards/board.aspx?board_id=949

MinstralMan has been kind enough to keep the data for the last 1+ year and post it here weekly.

It is planned that we'll eventually get data going back as far as we can to build out the history a bit more. Spot checks show it to be quite good during market peaks and quite aggressive during market declines. So, it's not a direct replacement for the old i-Wave, but works well as a barometer.

Best regards, Tom





Port Washington, WI 53074
icon url

Toofuzzy

10/16/08 2:25 PM

#28600 RE: investor5001 #28591

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