Monthly Archive: March 2000

Daily Update Tuesday, March 21, 2000

Although the market rebounded today following Dr. Greenspan’s quarter point increase in short-term interest rates, the correction is underway. Prudent Investors should not buy any stocks at this time and take action to protect profits. Aggressive Investors and Traders should play the market to the downside. Those of you…

Daily Update Monday, March 20, 2000

The New Economy stocks got hit very hard today, sending both the NASDAQ Composite and the Russell 2000 down sharply. It certainly looks like the severe correction we had anticipated has arrived. Prudent Investors should not buy any stocks at this time and should continue to take action…

Unbelievable!

.1. Click on the Icon, which looks like a Chessboard.2. Click on the plus sign to the left of the “Special Searches”- Group.3. Click Add.4. Click .5. Type in the name “Peabody Winners – 10/22/99.”6. Click on the Drop Down arrow…

Daily Update Thursday, March 16, 2000

Did we see the end of the downturn today, or an emotional sucker’s rally? Our indicators are telling us that caution is advised. Prudent Investors may do some selective bargain hunting. Aggressive Investors and Traders need to play this increddibly volatile market literally on a minute by minute basis….

Daily Update Wednesday, March 15, 2000

Don’t be fooled by the rally in Old Economy stocks! It looks like the landslide we anticipated is now underway. Prudent Investors should not buy any stocks at this time and take action to protect profits. Aggressive Investors and Traders should play the downside of the market. For those…

Daily Update Tuesday, March 14, 2000

This seems to be the beginning of a severe correction, therefore serious caution is advised. Prudent Investors should not buy any stocks at this time and take action to protect profits. Aggressive Investors and Traders should be prepared to play the market on a day-to-day basis, with a…

Daily Update Monday, March 13, 2000

Profit taking hit the market today, sending both NYSE and NASDAQ stocks downward. This may be the beginning of a severe correction, therefore caution is advised. Prudent Investors should not buy any stocks at this time and take action to protect profits. Aggressive Investors and Traders should be…

Weekly Newsletter Friday, March 10, 2000

Well I chickened out at the first sign of a down draft, and I feel much better now. I am more concerned about preserving capital than I am about wringing out the last penny of profits from this astounding rally. Although the Price of…