Monthly Archive: August 2000

Daily Update Wednesday, August 9, 2000

Cisco Systems’ stellar earnings performance failed to stimulate a sustainable upturn today, signaling further weakness ahead. 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 as they see fit….

Daily Update Tuesday, August 8, 2000

The market was mixed today with the Dow going up and the NASDAQ going down. Prudent Investors should continue to bide their time and protect profits. Aggressive Investors and Traders may play the daily volatility of the market with a bias to the upside. Those of you who are…

Daily Update Monday, August 7, 2000

Increasing confidence in a slower, but steady economy continued to drive prices higher today. Prudent Investors should continue to remain cautious because this rally could fizzle out at any time. Aggressive Investors and Traders may play the market on a day-to-day basis, going with the short-term trend of the…

Making Millions.

This wishy-washy market is still trying to figure out what it wants to do with itself. We don’t expect any clear sense of direction, either up or down, until the Fed meets on August 22. In any event, our analysis is that downside risk…

Daily Update Thursday, August 3, 2000

Bargain hunters seeking beaten-down tech stocks helped the NASDAQ close up for the day, while the blue chips just mosied along. 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…

Daily Update Wednesday, August 2, 2000

We had a mixed market today with the NYSE stocks doing well, and the NASDAQ stocks moving lower on average. 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…

Daily Update Tuesday, August 1, 2000

The market focused on leaders today as money flowed from the losers intothe winners, driving both the percentage of Buys and Sells higher. This is not a healthy sign. Prudent Investors should not buy any stocks at this time, and protect profits by enforcing stop prices. Aggressive Investors…