Monthly Archive: February 2000

Daily Update Tuesday, February 29, 2000

Due to the late stages of this rally, Prudent Investors should remain cautious. We continue to believe that downside risk outweighs upside potential. Aggressive Investors and Traders may contiue to play the upside of the market, being aware that a top may be near. If you are Riding the…

Daily Update Monday, February 28, 2000

The MTI continues to move down on a week-to-week basis, suggesting that downside risk outweighs upside potential. Prudent Investors should defer buying stocks at this time, and take defensive actions, such as, tightening stops, taking some profits, buying Put options, and/or buying contra mutual funds. Aggressive Investors and…

Dealing With Divergence.

Although we continue to have an UpUp situation, our indicators have been deteriorating from week to week. The BSR is saying that the rally has ended for most stocks. Downside risk outweighs upside potential. Prudent Investors should defer buying stocks at this time, and…

Daily Update Thursday, February 24, 2000

Prudent investors should defer buying stocks at this time, and take defensive actions, such as, tightening stops, taking profits, selling covered Calls, buying Put options, and/or buying contra mutual funds. Aggressive Investors and Traders may play the upside of the market. Those who are “Riding the Wave” should covered…

Daily Update Wednesday, February 23, 2000

Although it may be hard to stand by and watch high tech stocks soar to new highs, Prudent Investors should remain cautious. Aggressive Investors and Traders may continue to play the upside of the market. Those who are “Riding the Wave” should cover their short positions on stocks…

Daily Update Tuesday, February 22, 2000

Although we still have an UpUp situation, this rally is getting long in the tooth. Downside risk outweighs upside potential. Prudent Investors should defer buying stocks at this time, and take defensive actions, such as, tightening stops, taking profits, selling Covered Calls, buying Put options, and/or buying contra mutual…

Millionaires

As sure as night follows day, a downturn is on its way. Our indicators peaked several weeks ago and have continued to hit lower highs. Although we still have an UpUp situation, this rally is getting long in the tooth. Downside risk outweighs upside…

Daily Update Thursday, February 17, 2000

Due to the late stage of this rally, Prudent investors should defer buying stocks at this time, and take defensive actions, such as, tightening stops, taking profits, selling covered Calls, buying Put options, and/or buying contra mutual funds. Aggressive Investors and Traders may play the upside of the market….