The market rallied sharply at the end of the day today as the shorts covered their month-end positions. We believe the rally is still in progress. Prudent Investors can continue to buy high Relative Safety stocks. Aggressive Investors and Traders can play the market to the upside; selling Puts…
The market took a rest today after gaining almost 500 points in three days. Prudent Investors can continue to buy high Relative Safety stocks. Aggressive Investors and Traders can play the market to the upside; selling Puts and buying Calls. For those of you who are “Riding the Wave,”…
As expected, Bargain hunters rushed into the market today driving stock prices sharply higher. Prudent Investors can continue to buy high Relative Safety stocks. Aggressive Investors and Traders can play the market to the upside; selling Puts and buying Calls. For those of you who are “Riding the Wave,”…
The panic, widespread selling seen last Tuesday may have been the capitulation that everyone was looking for. My belief is that the V V C’s close of $14.08 per share on that day may well have marked the bottom of this Bear market. Even…
The market turned nasty today and we did not go long with any positions. Prudent Investors should continue to be patient and stay on the sidelines. Aggressive Investors and Traders should play the market up or down as it develops with a bias to the downside. For those of…
Yes, I think we’ve seen the bottom of this downturn. Tomorrow will be crucial in validating today’s rally. If the market opens higher tomorrow morning, Prudent Investors can sort stocks by RS and buy some great stocks at bargain prices. The risk of buying these stocks at current prices…
Headline news of potentially shady transactions of Citigroup and J.P. Morgan with Enron triggered a wave of panic selling today. This is another sign that we may be approaching THE BOTTOM. But nobody knows for sure where that will be. Prudent Investors should protect long positions by buying Puts….
More bad news from a variety of sources sent stock prices lower again today. Although stock valuations have become very attractive, Prudent Investors should be patient and continue to get their shopping lists ready. Aggressive Investors and Traders should play the market on a day-to-day basis with a bias…