Monthly Archive: August 2001

Daily Update Thursday, August 9, 2001

Stocks closed a volatile session relatively flat today. 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 going short tomorrow with “Stinky Stocks to Sell Short”.You may see all…

Daily Update Wednesday, August 8, 2001

Bad news from the Fed’s Beige Book sent stock prices plummeting 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 with a bias to the downside. For those of you who are “Riding the Wave,”…

Daily Update Tuesday, August 7, 2001

Trading volume was light again today pending Cisco Systems earnings report. 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 are in cash….

Daily Update Monday, August 6, 2001

Trading volume was very light today with the major indexes heading lower. 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 are in…

Leaping Ahead.

The downturn, which has been wishy-washy since the May 22nd peak appears to have ended. As you know, we went into cash yesterday, but it’s still too early for Prudent Investors to go long. However, they should continue to get their shopping lists ready….

Daily Update Thursday, August 2, 2001

Prudent Investors should have their shopping lists ready. 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 “Riding the Wave,” we are now 100% into cash.You may see all the action of the Daily…

Daily Update Wednesday, August 1, 2001

Prudent Investors should have their shopping lists ready. 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 “Riding the Wave,” we are going 100% into cash.You may see all the action of the Daily…