Technically AIM is looking good, bullish divergence and just completed wave 5 on the downward cycle. AIM is cheap.
Key is not to panic, because people will want your stock at a lower price. If you panic you will miss out.
This week possibly more turmoil for global equities, we have:
Bond Insurers: "If the bond insurers can raise capital and avoid (credit) ratings downgrades, then the market will be very relieved. But if things go wrong and there is a downgrade, there will probably be another round of selling," said John Praveen, chief investment strategist at Prudential International Investments Advisers LLC in Newark, New Jersey.
China In midweek, the attention could shift to China, analysts said, and the prospect of a China-led sell-off after a prolonged holiday rings familiar. Just a year ago, Chinese investors triggered a global equity rout on just their second day back from the New Year break.
"I have a feeling that China is going to have an impact and a negative one. I think there will be more liquidation in Asia and that will spill over into the Western market," said Michael Metz, chief investment strategist at Oppenheimer & Co. in New York.
AIM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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