Monthly Archive: February 2003

Daily Update Tuesday, February 18, 2003

A bullish forecast on PC sales drove tech stocks through the roof today. Is this rally for real? Whatever, we got to take what the market gives us. Therefore, Prudent Investors can go bottom-fishing. Aggressive Investors and Traders should play the market to the upside. If you are “Riding…

The Cisco Syndrome.

Although the market had a nice rally today, the Price of the V V C has completed its fifth straight down week. As you can see from your Market Timing Graph, the rate of descent of the MTI has lessened. Will it fall…

Daily Update Thursday, February 13, 2003

The market experienced a major reversal today as bargain hunters moved in to buy stocks which were hitting four month lows, and traders were covering shorts before Mr. Blix’s report to the UN tomorrow. Prudent Investors should continue to remain on the sidelines. Aggressive Investors and Traders need to…

Daily Update Wednesday, February 12, 2003

A GM downgrade plus additional geopolitical fears sent stocks tumbling again today. Prudent Investors should continue to protect profits and/or remain on the sidelines. Aggressive Investors and Traders should play the market up or down as they see fit. If you are “Riding the Wave,” we are short with…

Daily Update Tuesday, February 11, 2003

A solid rally was aborted today on news of another Osama bin Laden tape. In any event, the market seems stalled in either direction. Prudent Investors should continue to protect profits and/or remain on the sidelines. Aggressive Investors and Traders should play the market up or down as they…

Daily Update Monday, February 10, 2003

Signs of cooperation from the Iraqi’s rallied the market today driving stocks prices slightly higher. Prudent Investors should continue to take and/or protect profits. Aggressive Investors and Traders should sell stocks short or buy Puts. If you are “Riding the Wave,” we are short with “Down Hill Racers.” We…

Asset Allocation.

What’s wrong with this market? Cisco Systems reported record quarterly earnings and it still went down last week. Think about it. Although the Price of the VectorVest Composite went down again last week, the rate of descent subsided. That’s very interesting, considering last…

Daily Update Thursday, February 6, 2003

In a dreary day on Wall Street, stocks edged lower. Prudent Investors should continue to take and/or protect profits. Aggressive Investors and Traders should play the market to the downside. If you are “Riding the Wave,” we are short with “Down Hill Racers.” We will cover any stock that…