Monthly Archive: March 2003

Daily Update Monday, March 31, 2003

Continued worries about the war drove stock prices lower today. Prudent Investors should continue to raise cash, and/or use defensive strategies such as selling Covered Calls and/or buying Puts. Aggressive Investors and Traders should play the market to the downside. If you are “Riding the Wave,” we are going…

The Earnings Indicator.

The War Rally petered-out last week as fears of protracted fighting set in. Moreover, the all-healing aura of a quick victory has vanished. Although an unexpected, quick victory could send stock prices flying again, overall, downside risk outweighs upside potential. Prudent Investors should raise…

Daily Update Thursday, March 27, 2003

The gains from today’s bargain hunting were dissipated by investors taking profits due to continued fears of a longer-than-expected war in Iraq. Prudent Investors should continue to wait on the sidelines. Aggressive Investors and Traders should play the market up or down as it develops. If you are “Riding…

Daily Update Wednesday, March 26, 2003

Investors rested today in a market that was up a little then down a little. Prudent Investors should wait 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 long with a 50/50 blend…

Daily Update Tuesday, March 25, 2003

The buyers came back today driving stock prices higher. Although we expect volatility to remain high, Prudent investors may buy some high RS, high VST-Vector stocks. Aggressive Investors and Traders should play the market to the upside. If you are “Riding the Wave,” we are long with a 50/50…

Daily Update Monday, March 24, 2003

Prospects of a longer-than-expected war in Iraq drove stock prices lower today. Volatility, such as we’ve seen in the last couple of days, is to be expected. Prudent Investors should sit on the sidelines. Aggressive Investors and Traders can play the market up or down, as it develops. If…

The Truth Chart.

The monster rally which began on March 13th continued last week in full force. The Price of the VectorVest Composite has risen for two consecutive weeks and the BSR has gone from below 1.00 to above 1.00. Therefore, we have received a Confirmed Up…

Daily Update Thursday, March 20, 2003

With the onset of ground attacks in Iraq, investors took a wait and see attitude as the market closed with very modest gains today. Prudent investors should continue to wait on the sidelines. Aggressive Investors and Traders should play the market up or down as it develops. If you…