Monthly Archive: December 2001

Daily Update Monday, December 31, 2001

An end of the year sell-off brought the Price of the V V C down today, but the BSR still rose a tad. Although we have an UpUp situation, Prudent Investors should remain cautious because it appears the market has peaked. Aggressive Investors and Traders should play the market…

Take the Middle Road.

Many readers are confused by the fact that our Color Guard is Bullish while our guidance is Bearish. Please remember that the current rally has now completed its fourteenth week, so it is quite late to be buying stocks long. By nature, a…

Daily Update Thursday, December 27, 2001

The market continued its Christmas rally today, but we are still skeptical that it will not go on much longer. 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,”…

Daily Update Wednesday, December 26, 2001

Better than expected holiday sales’ reports from Wal-Mart and Yahoo! gave the market a boost today. Nevertheless, Prudent Investors should not chase this market. The rally is well advanced and is losing momentum. Aggressive Investors and Traders should play the market on a day-to-day basis as it develops. For…

Daily Update Monday, December 24, 2001

Although the market staged a mild Christmas rally today, our market timing indicators showed a mixed response, i.e., the RT and BSR went down while the MTI rose slightly. Prudent Investors should continue to take and/or protect profits. Aggressive Investors and Traders should play the market on a day-to-day…

January Has Been.

Don’t be fooled by the fact that the Price of the V V C bounced back this week. All of our indicators, including the Price of the V V C, are well below their recent highs. This means that the next big move…

Daily Update Thursday, December 20, 2001

The market pulled back sharply today as chip stocks led the retreat. Prudent Investors should continue to take and/or protect profits. 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 buy to…

Daily Update Wednesday, December 19, 2001

The market was mixed today with the Dow up and the Nasdaq down. Prudent Investors should continue to take and/or protect profits. 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 buy…