The market recovered most of its early morning losses after Dr. Greenspan spoke of an optimistic outlook for the economy. Nevertheless, Prudent Investors should not buy stocks at this time. In fact, they should be thinking about taking profits. Aggressive Investors and Traders should play the market as they…
Although the market was rather quiet today, the MTI rose to the lofty level of 1.61. As we know, it doesn’t stay above 1.61 very long. Therefore Prudent Investors should not buy stocks at this time. In fact, they should be thinking about taking profits. Aggressive Investors and…
Positive earnings from McDonalds and P & G sparked a wave of buying today pushing stock prices sharply higher. Although the market rallied today, we believe the next big move is to the downside. Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should play…
As we have noted on many previous occasions, the market always looks best when it’s time to get out. Once again, the MTI rang the warning bell on Wednesday night, when it reached 1.60. Based on the over-bought condition of the market and…
Weak jobs data and concerns over the SARS virus sent the market lower today. Prudent Investors should be prepared to take profits. 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…
The market continued to move higher today. Investors should be aware that our indicators are reaching over-bought levels. Prudent Investors should be cautious about buying stocks at this time. Aggressive Investors and Traders should play the market to the upside. If you are “Riding the Wave,” we are long…
Stock prices soared today on up-beat earnings reports and President Bush’s support of another term for Fed Chairman Alan Greenspan. It’s OK for Prudent Investors to buy stocks at this time. Aggressive Investors and Traders should play the market to the upside. If you are “Riding the Wave,” we…
Investors took a wait-and-see attitude today as stocks didn’t do much of anything. Prudent Investors may continue to buy high VST-Vector, “B” rated stocks, but caution is advised. Aggressive Investors and Traders should play the market to the upside. If you are “Riding the Wave,” we are long with…