Monthly Archive: August 2002

Crossing a Great Abyss.

With a DnDn situation, our brave rally from the July 23rd low appears to have ended for now. As discussed above, the next two months can get hairy, and there’s no way to know what the heavy hitters will do when they return from…

Daily Update Thursday, August 29, 2002

Tech stocks bounced back today, but the rally is still in jeopardy. Prudent Investors should remain cautious and 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 are in cash. We…

Daily Update Wednesday, August 28, 2002

Techs failed today on the heels of bad earnings news from Nortel. Prudent Investors should continue to take steps to protect profits; selling stocks or buying Puts. Aggressive Investors and Traders need to play the market to the downside. For those of you who are “Riding the Wave,” we…

Daily Update Tuesday, August 27, 2002

Discouraging comments by Intel and a weaker consumer confidence index overwhelmed a robust durable goods report as the Bears took over the market. Although our indicators moved upward on a week-to-week basis, the markets rally is losing momentum. Prudent Investors should take steps to protect profits. Aggressive Investors and…

Daily Update Monday, August 26, 2002

It was anyone’s guess today as the market was up, down, then finally closing up on very light volume. Prudent Investors may continue to buy high VST-Vector “B” rated stocks. Aggressive Investors and Traders should play the market to the upside. For those of you who are “Riding the…

VectorVest Upgrades.

Although the Price of the V V C has now risen for the fourth consecutive week and the MTI has risen above 1.00, we are now entering the testy phase of this rally. Will investors continue to push stock prices higher or will…

Daily Update Thursday, August 22, 2002

The Dow closed above 9000 today for the first time since early July. So the rally continues. Therefore, Prudent Investors may continue to buy high VST-Vector “B” rated stocks. Aggressive Investors and Traders should play the market to the upside. For those of you who are “Riding the Wave,”…

Daily Update Wednesday, August 21, 2002

It was a seesaw day, but the market ended on an up note. Prudent Investors may continue to buy high VST-Vector “B” rated stocks. Aggressive Investors and Traders should play the market to the upside. For those of you who are “Riding the Wave,” we are long with the…