Monthly Archive: July 2000

Daily Update Monday, July 31, 2000

Bargain hunters drove the market higher today, but we continue to operate under the auspices of the C/Dn signal. Therefore, Prudent Investors should not buy any stocks at this time, and protect profits. Aggressive Investors and Traders may play the daily volatility of the market with a bias to…

A Nasty Reversal.

By any measure, the market is in a downturn. If you haven’t done so already, Prudent Investors should take profits and/or cut losses. Do not buy any stocks. Aggressive Investors and Traders should play the downside of the market by selling stocks short and/or…

Daily Update Thursday, July 27, 2000

Earnings warnings continued to haunt the Tech sector of the market. Prudent Investors should protect profits, sell covered Calls, and/or buy Puts. Aggressive Investors and Traders need to play the market on a daily basis as it occurs. Those of you who are “Riding the Wave,” should stay with…

Daily Update Wednesday, July 26, 2000

The reversal we had anticitpated last Friday has now occured. This is only the third time we have ever seen the Price of the VVC go up two weeks and then go down the following two weeks. This only happens in wishy-washy, uncertain markets. Nevertheless, Prudent Investors should protect…

Daily Update Tuesday, July 25, 2000

In a quiet market today, our indicators were unchanged from yesterday. Therefore, Prudent Investors should not buy any stocks at this time, and protect profits by enforcing stop prices. Aggressive Investors and Traders may play the daily volatility of the market with a bias to the upside. Those of…

Daily Update Monday, July 24, 2000

News of slower PC sales slammed tech stocks today, sending the market lower. Prudent Investors should not buy any stocks at this time, and protect profits by enforcing stop prices. Aggressive Investors and Traders may play the daily volatility of the market with a bias to the upside. Those…

Great Growth Stocks.

Raise your antennas. Although we got a Confirmed Up signal on July 13th, the market has been retrenching ever since then. It is quite possible that we will get a reversal, i.e., a Confirmed Down Signal sometime next week, such as that experienced in…

Daily Update Thursday, July 20, 2000

With the MTI well above 1.00, it’s OK for Prudent Investors to buy High VST-Vector, “B” rated stocks, buy Calls and/or sell Puts. Aggressive Investors and Traders may play the daily volatility of the market with a bias to the upside. Those of you who are “Riding the Wave,”…