Monthly Archive: May 2000

Daily Update Thursday, May 18, 2000

Prudent Investors should remain cautious. Aggressive Investors and Traders may play the up and down swings of the market as they see fit, with a bias to the downside. Those of you who are “Riding the Wave,” remain with your short positions, but cover any shorts that receive a…

Daily Update Wednesday, May 17, 2000

Remembering that we are still in a confirmed downturn, Prudent Investors should remain cautious at this time. 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,” should stay…

Daily Update Tuesday, May 16, 2000

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 “Riding the Wave,” stay with your short positions. Buy to cover any stock(s) that receives a…

Daily Update Monday, May 15, 2000

Although we expect the market to rally tommorow regardless of what the Fed does, Prudent Investors should continue to stay on the sidelines. Aggressive Investors and Traders can continue to play the market’s daily volatility to their heart’s delight with a bias to the downside. Those of you who…

The Sizzle.

Anxiety over the upcoming FOMC Meeting is causing investors to sit on the sidelines. Although there may be a relief rally when the Fed announces their decision regarding interest rates, don’t be too eager to jump into the market at this time. The trend…

Daily Update Thursday, May 11, 2000

Prudent Investors should remain cautious. Aggressive Investors and Traders may play the up and down swings of the market as they see fit, but I suggest a bias to the downside. Those of you who are “Riding the Wave,” remain with your short positions, but cover any shorts that…

Daily Update Wednesday, May 10, 2000

It looks like the market is going to re-test the lows of April 14th. Therefore, Prudent Investors should not buy any stocks at this time. Aggressive Investors and Traders should favor the downside of the market. Those of you who are “Riding the Wave,” should stay with your short…

Daily Update Tuesday, May 9, 2000

It appears that the rally from the April 14th low has failed. 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 “Riding the Wave,” stay…