Monthly Archive: February 2002

Daily Update Monday, February 18, 2002

The US markets were closed today. Prudent Investors should continue to be defensive and protect profits. Aggressive Investors and Traders should play the market to the downside. For those of you who are “Riding the Wave,” we will cover any stocks that receive an “H” recommendation and/or crosses above…

Going for the Gold.

Friday’s are having a big affect on the market. Two weeks ago the market went down, but it felt like an up week because a late rally on Friday. This week the market went up, but it feels like a down week because…

Daily Update Thursday, February 14, 2002

The rally in Blue Chip stocks lost steam today, while computer-related issues moved the Nasdaq lower. Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market up or down as it develops. For those of you who are “Riding the Wave,” we will cover any stocks…

Daily Update Wednesday, February 13, 2002

Investors drove the market higher today on reports that the economy is not worsening, evidenced by strong January retail sales. Although this seems like good news, Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market up or down as it develops. For those of you…

Daily Update Tuesday, February 12, 2002

The market traded in a fairly narrow range today, but our indicators still point to a downward trend in the market. Prudent Investors should remain cautious. The rally most likely will not continue. Aggressive Investors and Traders should play the market up or down as it develops. For those…

Daily Update Monday, February 11, 2002

Bargain hunters pushed the market higher today as concerns of accounting irregularities faded away. Prudent Investors should remain cautious. The rally most likely will not continue. Aggressive Investors and Traders should play the market up or down as it develops. For those of you who are “Riding the Wave,”…

Profit Opportunities.

As discussed above, there are a lot of problems facing investors. The market is in a downturn, and our short positions are doing very well. Until we see the Price of the VVC move upward on a week-to-week basis, we will continue to…

Daily Update Thursday, February 7, 2002

After a quiet day, stocks sold off sharply in the last 1/2-hour marking the fifth straight down day for the Dow and the Nasdaq. Prudent Investors should continue to take and/or protect profits, and not buy any stocks at this time. Aggressive Investors and Traders should play the market…