Monthly Archive: August 2003

Daily Update Tuesday, August 19, 2003

Positive earnings news from tech companies sent investors into stocks on heavy volume today. It’s OK for Prudent Investors to buy stocks at this time, but caution is advised. Aggressive Investors and Traders should play the market to the upside. For those of you who are “Riding the…

Daily Update Monday, August 18, 2003

Positive news from retailers and other sources powered stock prices higher today, but volume was quite light. It’s OK for Prudent Investors to buy stocks at this time, but caution is advised. Aggressive Investors and Traders should play the market to the upside. For those of you who are…

Case 2 Scenario.

A subscriber writes that he is “Riding the Wave” and while the MTI has been going down for the last two months, he hasn’t made a dime. Indeed, the Price of the VVC peaked at $18.14 per share one month ago and is up…

Daily Update Thursday, August 14, 2003

The market closed higher today, but on light volume. Therefore, Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market up or down as it develops. For those of you who are “Riding the Wave,” we are going into cash tomorrow. You may see all…

Daily Update Wednesday, August 13, 2003

Stocks moved lower today in view of rising interest rates. Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market up or down as it develops. For those of you who are “Riding the Wave,” we are short with “1×50 MA Down” stocks. We will cover…

Daily Update Tuesday, August 12, 2003

Stocks rallied sharply after the Fed held interest rates unchanged and implied that low rates would be maintained for the foreseeable future. The Fed may have given the Bulls a new lease on life. However, Prudent Investors should remain cautious at this time. Aggressive Investors and Traders should play…

Daily Update Monday, August 11, 2003

The market rotated back into Tech stocks today and moved slightly higher as Blue Chips rallied late in the day. Although our indicators moved up today, they are still trending lower on a week-to-week basis. Prudent Investors should continue to take and/or protect profits. Aggressive Investors and Traders should…

Pay Less for More.

The Price of the VVC has now gone down for two consecutive Fridays, giving a preliminary signal of a sustainable downtrend. Our key indicators, i.e., the BSR and the MTI have fallen sharply from last weeks’ levels. At this point, downside risk exceeds…