Monthly Archive: May 2003

Daily Update Wednesday, May 7, 2003

Cisco’s cautious outlook stalled the rally today. Due to the high level of the MTI, Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market up or down as they see fit. If you are “Riding the Wave,” we are in cash.You may see all…

Daily Update Tuesday, May 6, 2003

The market opened up today and continued its steady ascent even after The Fed said they would not lower rates. Prudent Investors should not chase stocks prices at this time. Aggressive Investors and Traders should play the market up or down as it develops. If you are “Riding…

Daily Update Monday, May 5, 2003

Although the major indexes were mixed today, the Price of the VVC moved higher because low priced stocks continue to rally. Tomorrow will be a very important day as Cisco Systems gives its first quarter earnings report. If it is favorable, there will be a blow-off high. Given this…

Weekly Newsletter Friday, May 2, 2003

. “SEATTLE BEAR BEATER”Investors have convinced themselves that the rally is here to stay and are chasing stocks like there’s no tomorrow. How long can it go on? Nobody knows for sure, but our MTI says it won’t be for very long because…

Daily Update Thursday, May 1, 2003

A weak manufacturing report sent stocks lower in early trading today. A late afternoon tech rally helped save the day. With the MTI at the lofty level of 1.64, the market is overbought. Prudent Investors should be cautious at this time. Aggressive Investors and Traders should play the market…