Monthly Archive: September 2002

Daily Update Monday, September 30, 2002

Short covering and quarter end window dressing caused the market to rally from an early morning down draft. Although our indicators are suggesting that this market is forming a bottom, Prudent Investors should continue to protect profits and remain cautious. Aggressive Investors and Traders should play the market to…

Ahead of Our Time.

Has September stolen October’s thunder? Let’s hope so since the Price of the V V C has already fallen for the fifth consecutive week and there is a hint of panic in the voices of the talking heads on CNBC. With a DnDn…

Daily Update Thursday, September 26, 2002

Bad news was not as bad as expected, therefore the market said that it was good news and Blue Chip stocks went up while Nasdaq marked time. Prudent Investors should continue to remain cautious. Aggressive Investors and Traders should play the market up or down as it develops. For…

Daily Update Wednesday, September 25, 2002

Reasurring comments from General Electric, RF Micro Devices, International Paper and ASML sent the market higher today. As we stated yesterday, the market could possibly bounce off of its oversold position, but this does not necessarily signal the end of the Bear market. Prudent Investors should continue to be…

Daily Update Tuesday, September 24, 2002

The Price of the VectorVest Composite closed at an all time low today at $14.02, breaking the low of $14.08 set on July 23, 2001. This could mean that the market is so oversold that it is ready to bounce back or it could mean that panic selling is…

Daily Update Monday, September 23, 2002

Trouble in the Middle East caused oil prices to go higher and stock prices to go lower. Prudent Investors should continue to protect profits and not buy stocks at this time. Aggressive Investors and Traders should play the market to the downside. For those of you who are “Riding…

Hasbrouck.

The Bears took control of Wall Street last week and the Price of the V V C closed down on a week-to-week basis for the fourth consecutive Friday. The last week of September is never any fun, so investors need to remain defensive….

Daily Update Thursday, September 19, 2002

Talk of war and bad earnings news from EDS and Morgan Stanley tanked the market today. Prudent Investors should continue to protect profits and not buy stocks at this time. Aggressive Investors and Traders should play the market to the downside. For those of you who are “Riding the…