Monthly Archive: December 2002

Daily Update Wednesday, December 18, 2002

Bad news from Micron scuttled the tech stocks today. Prudent Investors should not buy any stocks at this time. Aggressive Investors and Traders should play the market up or down as it develops. If you are “Riding the Wave,” we will go short tomorrow IF the market opens to…

Daily Update Tuesday, December 17, 2002

Bad news from McDonalds and retailers sent Santa packing today as stocks moved lower. Prudent Investors should continue to wait and see where this market is heading before making any further commitments. Aggressive Investors and Traders should play the market up or down as it develops. If you are…

Daily Update Monday, December 16, 2002

Santa came to the market early this year and we’ll have to see how long his bag of goodies will last. Prudent Investors should wait and see where this market is heading. Aggressive Investors and Traders should play the market up or down as it develops. If you are…

January Redux.

The Price of the V V C has now gone down for two consecutive weeks, giving a preliminary signal of a sustainable downturn. Although there is considerable anecdotal evidence of year-end rallies and one could possibly happen this year, our system is telling…

Daily Update Thursday, December 12, 2002

Inspite of a plethora of financial and economic news, the market traded in a narrow range again today. Prudent Investors should not buy any stocks at this time. Aggressive Investors and Traders should play the market up or down as it develops. If you are “Riding the Wave,” we…

Daily Update Wednesday, December 11, 2002

The market didn’t do much today. Nevertheless, Prudent Investors should not buy any stocks at this time. Aggressive Investors and Traders should play the market to the downside. If you are “Riding the Wave,” we will go short when the Price of the VVC turns red.You may see all…

Daily Update Tuesday, December 10, 2002

The market rebounded today as investors renewed hopes for a stronger economy. Nevertheless, Prudent Investors should not buy any stocks at this time. Aggressive Investors and Traders should play the market to the downside. If you are “Riding the Wave,” we will go short when the Price of the…

Daily Update Monday, December 9, 2002

Lowered estimates for fourth quarter earnings and continued fears of military action in Iraq caused stocks to sell off sharply. Prudent Investors should not buy any stocks at this time. Aggressive Investors and Traders should play the market to the downside. If you are “Riding the Wave,” we will…