Although our key indicators bounced back nicely last week and the NASDAQ’s rally is indeed impressive, the MTI has lost most of its upward momentum. Therefore, downside risk outweighs upside potential. Prudent investors should defer buying stocks at this time, and take defensive actions,…
Although the market has rebounded strongly from last weeks’ downmoves, Prudent Investors should continue to defer buying stocks at this time. Aggressive Investors and Traders may play the volatility of the market, but we continue to believe that downside risk outweighs upside potential. If you are Riding the Wave,…
Prudent investors should defer buying stocks at this time, and take defensive actions, such as, tightening stops, taking profits, buying Put options, and/or buying contra mutual funds. Aggressive Investors and Traders should now play the downside of the market. Those who are “Riding the Wave” should remain with…
Prudent investors should defer buying stocks at this time, and take defensive actions, such as, tightening stops, taking profits, buying Put options, and/or buying contra mutual funds. Aggressive Investors and Traders should now play the downside of the market. Those who are “Riding the Wave” should sell their…