Monthly Archive: September 2003

Daily Update Tuesday, September 30, 2003

A weaker than expected PMI report and consumer confidence survey sent stock prices lower today. Prudent Investors should take and protect profits. Aggressive Investors and Traders should play the market to the downside. For those of you who are “Riding the Wave,” we are short with a combination…

Daily Update Monday, September 29, 2003

Strong semiconductor sales triggered a rally in Tech stocks today. Nevertheless, it’s too early to jump back into the market. Prudent Investors should remain on the sidelines. Aggressive Investors and Traders should play the market up or down, as it develops. For those of you who are “Riding the…

The Dilemma of Using Moving Averages.

The Price of the VVC fell $0.74 since last Friday, the largest five day drop since January 27th. It has to go down another week to give a preliminary signal of a sustainable downtrend. This appears quite likely to happen since the heavy hitters…

Daily Update Thursday, September 25, 2003

End of quarter profit taking drove stock prices sharply lower. Prudent Investors should take and protect profits. Aggressive Investors and Traders should play the market to the downside. For those of you who are “Riding the Wave,” the Price of the VVC has crossed below its 20-day simple moving…

Daily Update Wednesday, September 24, 2003

Concerns of higher oil prices and earnings shortfalls sent stock prices sharply lower today. Prudent Investors should take and protect profits. Aggressive Investors and Traders should play the market to the downside. For those of you who are “Riding the Wave,” we are committed to staying long until the…

Daily Update Tuesday, September 23, 2003

Stock prices bounced back today, recovering about 76% of yesterday’s losses. It’s okay for Prudent Investors to buy high VST-Vector “B” rated stocks at this time. Aggressive Investors and Traders should play the market to the upside. For those of you who are “Riding the Wave,” we are long…

Daily Update Monday, September 22, 2003

A steep drop of the dollar versus International currencies sent stock markets around the world sharply lower today. Prudent Investors should go to the sidelines. Aggressive Investors and Traders should play the market up or down, as it develops. For those of you who are “Riding the Wave,” we…

A Teflon Market.

The resilience of this rally was demonstrated again last week as the Price of the VectorVest Composite bounced back from a down week for the sixth time during its 27 week lifespan. The monster rally of December 1994 to July 1995 lasted 26 weeks…