Monthly Archive: August 2001

Crunch Time.

The heavy hitters will be returning to Wall Street next week. If they wear theirnormal September faces, this downturn will go into October. If they go bargainhunting, they will most likely be setting the stage for the next Bull market.Prudent Investors ust…

Daily Update Thursday, August 30, 2001

Bad earnings news from Sun Micro drove the markets lower for the fourth straight day. Prudent Investors must remain patient 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…

Daily Update Wednesday, August 29, 2001

Prudent Investors should continue to remain cautious. 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 close above their 20-day MA and replace them with…

Daily Update Tuesday, August 28, 2001

The market got creamed today as both the Dow and the NASDAQ got hit. 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…

Daily Update Monday, August 27, 2001

The Dow and the NASDAQ moved together today, first down, then up, and finally ending the day in negative territory. Prudent Investors should continue to 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 Mother Lode.

Is the glass half full or half empty? The good news is that our MTI did not hit a lower low last Wednesday when the Price of the V V C hit its low point for the current downturn. The bad news is that…

Daily Update Thursday, August 23, 2001

Prudent Investors must remain patient 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 close above their…

Daily Update Wednesday, August 22, 2001

The market rebounded today, but our indicators are still signaling caution. Therefore, Prudent Investors should continue to remain cautious. 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…