Monthly Archive: November 2000

Dollar Averaging.

Although I continue to believe that the market will rally sharply once the Presidential haggling has concluded, our indicators are mildly Bearish. Therefore, we must be defensive. Prudent Investors should not buy any stocks at this time. Aggressive Investors and Traders should play the…

Daily Update Thursday, November 16, 2000

The election jitters got to the market again today. Prudent Investors should not buy any stocks at this time. Aggressive Investors and Traders should play the market on a day-to-day basis as they see fit. Those of you who are”Riding the Wave,” should sell any stocks that have “S”…

Daily Update Wednesday, November 15, 2000

The market was relatively quiet today, but signs of improvement continued. Nevertheless, Prudent Investors should not buy any stocks at this time. Aggressive Investors and Traders need to play the market on a day-to-day basis as they see fit. Those of you who are “Riding the Wave,” should sell…

Daily Update Tuesday, November 14, 2000

Good earnings reports and Florida’s court ruling on a firm deadline gave the market a spark today. Prudent Investors should continue to sit on the sidelines until we see further improvement in our indicators. Aggressive Investors and Traders should play the market on a day-to-day basis as they see…

Daily Update Monday, November 13, 2000

Although the market ended down today, it showed some resilience as it bounced back from its intraday lows. Nevertheless, Prudent Investors should not buy any stocks at this time. It’s OK to sell out-of-the-money Calls. Aggressive Investors and Traders should play the market on a day-to-day basis with a…

Severe Skepticism.

The election did anything but clear the air for a major upturn. Nobody knows where this is all going to end up, but do not panic. If you own good stocks and have watched them go down, do not sell them now. The market…

Daily Update Thursday, November 9, 2000

The undecisive election marked another bad day for the market. Prudent Investors should not buy any stocks at this time. Aggressive Investors and Traders need to play the market on a day-to-day basis as it occurs. Those of you who are “Riding the Wave,” should sell any stocks that…

Daily Update Wednesday, November 8, 2000

Tech stocks got hammered today, maybe because of the election. Prudent Investors should not buy any stocks at this time. Aggressive Investors and Traders need to play the market on a day-to-day basis as it occurs. Those of you who are “Riding the Wave,” should sell any stocks that…