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Hopefully my computer won't crash again. Now my other computer is screwed up.
Technology is great when it works. But a pain in the but to fix.
Anyway. I really didn't get to explicitly point out, that when we corrected in
August we drifted down on lower volume. This time we are moving down on
increasing volume.
Also the NASDAQ really never corrected. It fell below the channel but continued
to move up. When it moved up it pulled the DJIA up shortly after.
A side note. My AIM mutual funds had moved above the point where I had exited
in August. But after the last two days, is has come down to a point where it is
just about even from the points where I got out.
I wish I had more experience because this is the time to really start looking
for good companies. They will be some of the first ones to snap back after a
correction. I saw it with some of the IBD 80/80 stocks with increased sales &
increased earning from previous quarters.
But it all takes time to put all the pieces together.
Harley Meyer
meyer093@xxxxxxxxxx
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