Monthly Archive: October 2002

Daily Update Thursday, October 31, 2002

The market was wishy-washy today on the basis of relatively weak economic news. Although our indicators are still positive, they are struggling to gain ground. Prudent Investors should remain optimistic, but caution is advised. Aggressive Investors and Traders should play the market up or down as it develops. For…

Daily Update Wednesday, October 30, 2002

A tech rally that started in Europe carried over today in the U.S. market, driving Nasdaq stocks sharply higher. Prudent Investors can 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…

Daily Update Tuesday, October 29, 2002

A very poor consumer confidence report sent stocks tumbling early today, but a late rally recovered most of the loses. This was very encouraging. The market has been very choppy and more uncertain for more than a week now, but our MTI tells us that it is biased to…

Daily Update Monday, October 28, 2002

The market opened up in a sharp rally this morning but faded as the day wore on. With a DnUp situation, Prudent Investors should stay on the sidelines and see what develops. Aggressive Investors and Traders need to play the market up or down as it develops. For those…

Exit Criteria.

The Price of the V V C has now risen for the third consecutive Friday. Although the market is very volatile and is showing signs of losing steam, today’s action was encouraging. If this market is still rising after election day, it could…

Daily Update Thursday, October 24, 2002

A serious sell-off hit the market late today which gives us reason to believe that the rally is losing its sizzle. Prudent Investors should defer making new purchases at this time and begin to protect profits. Aggressive Investors and Traders should play the market up or down as it…

Daily Update Wednesday, October 23, 2002

The market moved lower early in the day; then bargain hunters moved in strongly reviving the rally. Prudent Investors can 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…

Daily Update Tuesday, October 22, 2002

Bad earnings news from Texas Instruments along with reports of other earnings shortfalls caused the market to retrench today. We feel the rally is still viable. Therefore, Prudent Investors can continue to buy high VST-Vector, “B” rated stocks. Aggressive Investors and Traders should play the market to the upside….