Monthly Archive: May 2000

Daily Update Wednesday, May 31, 2000

The market was very quiet today with very little follow through to yesterday’s rally. Prudent Investors should remain cautious. Aggressive Investors and Traders may play the day-to-day moves of the market as they see fit with a bias to the downside. Those of you who are “Riding the Wave,”…

Daily Update Tuesday, May 30, 2000

The market rallied strongly today, rebounding from last week’s dreadful lows. Nevertheless, Prudent Investors should remain cautious. This market has sucked investors in before on numerous short, but unsustainable bursts. Aggressive Investors and Traders can continue to play the market on a day-to-day basis, remembering that we are still…

Wall Street Waffle.

.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 “Seto’s Sinkers.”6. Click on the Drop Down arrow next to the Parameter…

Daily Update Thursday, May 25, 2000

Bargain hunters hit a brick wall today as the Bears continued to control of the market. Prudent Investors should continue to protect profits and/or remain on the sidelines. Aggressive Investors and Traders may play the up and down swings of the market as they see fit, with a bias…

Daily Update Wednesday, May 24, 2000

Bargain hunters moved back into the market today, but our indicators suggest that we may not have yet seen the bottom. Prudent Investors should remain cautious. Aggressive Investors and Traders may play the day-to-day moves of the market as they see fit with a bias to the downside. Those…

Daily Update Tuesday, May 23, 2000

It should be noted that the Price of the VVC broke below its April 14th low. This is the kind of sell-off we need to build a base for another substantial rally. Meanwhile, Prudent Investors should remain cautious. Aggressive Investors and Traders can continue to play the market on…

Daily Update Monday, May 22, 2000

Prudent Investors should remain cautious. Aggressive Investors and Traders may play the market’s daily volatility to their heart’s delight, with a bias to the downside. Those of you who are “Riding the Wave,” should stay with your short positions. Buy to cover any stocks that receive a “B” or…

The Green Color Bars.

Today’s sell-off is just another step in the road to recovery. The market needs to batter the bulls into submission before it can establish another major rally. From what I saw in Las Vegas, most of the investment advisors are in a state of…