Monthly Archive: July 2001

Daily Update Tuesday, July 31, 2001

Prudent Investors should continue to get their shopping lists ready. 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 are going 50% into cash by covering the four stocks with the highest RT…

Daily Update Monday, July 30, 2001

Prudent Investors should continue to get their shopping lists ready. 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 cover any stocks that close above their 20-day MA, but will not replace…

Hanging Tough.

The slow search for a bottom continued as stock prices moved lower in an up and down pattern. Continue to be patient. The MTI will tell us when the slide has stopped. Prudent Investors should not buy stocks at this time, but should…

Daily Update Thursday, July 26, 2001

Bargain hunters moved into the market today, moving stock prices higher. Nevertheless, Prudent Investors should continue to remain cautious and not buy any stocks at this time. Aggressive Investors and Traders should play the market on a day-to-day basis as it develops. For those of you who are “Riding…

Daily Update Wednesday, July 25, 2001

Prudent Investors should continue to remain cautious and not buy any stocks at this time. 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 cover any stocks that receive “<>S” recommendation, but…

Daily Update Tuesday, July 24, 2001

Prudent Investors should continue to remain cautious and not buy any stocks at this time. 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 will cover any stocks that receive…

Daily Update Monday, July 23, 2001

The market has gone from frantic Fridays to blue Mondays. Prudent Investors should remain patient and not buy any stocks at this time. 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…

End of the Bear.

A mighty tug-of-war is taking place on Wall Street with the Bears winning right now. Their advantage may not last long, however; they are getting tired and the Bulls are not afraid to buy stocks. So, be patient. When the MTI goes above 1.00,…