Monthly Archive: April 2000

Hitting a Jackpot.

The Nasdaq sure looks like it’s having a healthy recovery, but the market, as a whole, looks dangerous to me. Higher interest rates are on the way, and that’s not good for stocks. This business of going back and forth between the Old Economy…

Daily Update Thursday, April 27, 2000

The price of the VectorVest Composite continues to stay above its April 14th low, and that’s good news! Nevertheless, Prudent Investors should remain cautious until we see a surer sign of a sustainable upturn. Aggressive Investors and Traders may play the up and down swings of the market as…

Daily Update Wednesday, April 26, 2000

We’re hoping the that Price of the V V C continues to stay above its recent low of April 14th, but a sustainable uptrend has not been signaled as yet. Therefore, Prudent Investors should not buy any stocks at this time. Aggressive Investors and Traders should favor the downside…

Daily Update Tuesday, April 25, 2000

Although the market appears to be very tempting with the rebound from the April 14th low, Prudent Investors should remain cautious. Aggressive Investors and Traders can continue to play the market on a day-to-day basis, remembering that we are still in a confirmed downturn. Those of you who are…

Daily Update Monday, April 24, 2000

Prudent Investors should continue to stay on the sidelines. The market is showing signs of consolidating, but we need to see more evidence of a support level to make certain that the worst is over. Aggressive Investors and Traders can play the market’s daily volatility to their heart’s delight,…

True Believers.

The market bounced back strongly on Monday and Tuesday, but encountered resistance on Wednesday and Thursday. While the rebound is encouraging, the confirmed downturn is still in force. Prudent Investors should remain defensive, but they may begin to plan for the eventual upturn. Aggressive…

Daily Update Wednesday, April 19, 2000

Prudent Investors who haven’t done so, should consider the current rebound as an opportunity to take some profits at higher prices. Aggressive Investors and Traders should play the downside of the market, and those of you who are “Riding the Wave,” should stay with your short positions, but buy…

Daily Update Tuesday, April 18, 2000

While the market appears very tempting at this time, we are skeptical that we have a sustainable rally here. In fact, this may be a good opportunity to take some profits on the rebound. Prudent Investors should remain cautious at this time. Aggressive Investors and Traders can continue to…