Monthly Archive: June 2001

Daily Update Tuesday, June 19, 2001

Oracle’s good news caused the market to spend the morning in positive territory, but by this afternoon, there wasn’t a rally in sight. Prudent Investors should take and/or protect profits. Aggressive Investors and Traders should play the market with a bias to the downside. For those of you who…

Daily Update Monday, June 18, 2001

The market was mixed today, but NASDAQ stocks closed down for the seventh day in a row. Prudent Investors should take and/or protect profits. (See from June 8, 2001.) Aggressive Investors and Traders should play the market with a bias to the downside. For those of you…

I’m a Rat.

Seventeen trading days have passed since the Price of the V V C peaked at $19.59 per share on May 22nd. Normally, we would have seen the Price of the V V C fall for two consecutive weeks over this period of time,…

Daily Update Thursday, June 14, 2001

Both the Dow and the Nasdaq closed lower again today. Prudent Investors should continue to take and/or protect profits. Aggressive Investors and Traders should play the market on a day-to-day basis with a bias to the downside. For those of you who are “Riding the Wave,” we are 100%…

Daily Update Wednesday, June 13, 2001

The Dow and the Nasdaq closed lower today after slowing to flat economic news was released. Prudent Investors should continue to take and/or protect profits. Aggressive Investors and Traders should play the market on a day-to-day basis with a bias to the downside. For those of you who are…

Daily Update Tuesday, June 12, 2001

The market did an about face this afternoon after spending much of the day in negative territory. Prudent Investors should continue to take and/or protect profits. Aggressive Investors and Traders should play the market on a day-to-day basis with a bias to the downside. For those of you who…

Daily Update Monday, June 11, 2001

The constant pressure of dire earnings warnings drove the market lower again today. Prudent Investors should continue to take and/or protect profits. Aggressive Investors and Traders should play the market on a day-to-day basis with a bias to the downside. For those of you who are “Riding the Wave,”…

Hot Growth Companies.

Wall Street did everything it could to get investors to buy stocks last week, but the bad news ruled on Friday. The Price of the V V C is below the high set on May 22, 2001, so caution is advised. I believe that…