Monthly Archive: February 2003

Bear Market Beaters Follow-Up.

The Price of the V V C continues to bounce up and down, virtually on a daily basis. As of this evening, it is down from last week. But the short-term trend is mildly upward from the February 13th low. To say that…

Daily Update Thursday, February 27, 2003

Investors jumped into the market today as the Homeland Security Committee lowered the terrorism alert. Prudent Investors should go to the sidelines. Aggressive Investors and Traders should play the market up or down as it develops. If you are “Riding the Wave,” we are in cash.You may see all…

Daily Update Wednesday, February 26, 2003

Yesterday’s afternoon rally was quickly forgotten as investors ran to the sidelines, discouraged by Hewlett Packard’s lower than expected sales report. Prudent Investors should continue to sit on the sidelines. Aggressive Investors and Traders should play the market to the downside. If you are “Riding the Wave,” we are…

Daily Update Tuesday, February 25, 2003

After spending much of the day in negative territory, the market did an aburpt turnaround late this afternoon, allowing the major indexes to close the day with gains. Prudent Investors should continue to sit on the sidelines. Aggressive Investors and Traders should play the market up or down as…

Daily Update Monday, February 24, 2003

Continued fears of a war in Iraq weighed heavy on the market today. Prudent Investors should continue to sit on the sidelines. Aggressive Investors and Traders should play the market up or down as it develops. If you are “Riding the Wave,” we are going into cash tomorrow.You may…

Bear Market Beaters.

Uncertainty reigned supreme in a market that really doesn’t know what it wants to do. Some analysts are saying that the market rallies when it seems that the war is being deferred. Others are saying just the opposite. In any event, our MTI…

Daily Update Thursday, February 20, 2003

The rally limped along today and looks like it could die any day from here. Prudent Investors should go to the sidelines. Aggressive Investors and Traders should play the market up or down with a bias to the upside. If you are “Riding the Wave,” we are long with…

Daily Update Wednesday, February 19, 2003

The Bears fought back today. Neverthless, Prudent Investors can continue to go bottom-fishing. Aggressive Investors and Traders should play the market to the upside. If you are “Riding the Wave,” we are long with a 50/50 blend of SPY and QQQ.You may see all the action of the Daily…