Monthly Archive: June 2001

Daily Update Thursday, June 7, 2001

Bad news was good news today as tech stocks rose higher in the face of lower sales and earnings reports. Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market on a day-to-day basis with a bias to the upside. For those of you who are…

Daily Update Wednesday, June 6, 2001

The market drifted lower today on earnings warnings from JP Morgan and Hewlett-Packard. Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market on a day-to-day basis as it develops. For those of you who are “Riding the Wave,” we will sell any stocks that close…

Daily Update Tuesday, June 5, 2001

The market moved higher today for no apparent reason other than investors think stocks are cheap. Maybe they are and maybe they aren’t. In any event, Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market on a day-to-day basis with a bias to the upside….

Daily Update Monday, June 4, 2001

Although the market drifted higher today on light volume, the rally is not robust. Prudent Investors should continue to remain cautious and protect and/or take profits. Aggressive Investors and Traders can continue to play the market on a day-to-day basis as it develops. For those of you who are…

Pot and the Kettle.

I had hoped that lower interest rates would sustain the current uptrend, but gloomy earnings reports turned the tide to the downside. The Price of the V V C peaked on May 22nd, and appears unlikely that it will reach new highs soon. We…