Monthly Archive: March 2004

Daily Update Wednesday, March 31, 2004

Although the Major indexes were down today, the Price of the V V C rose exhibiting positive breadth. It’s still OK for Prudent Investors to buy stocks. Aggressive Investors and Traders should play the market to the upside. For those of you who are “Riding the Wave,” we are…

Daily Update Tuesday, March 30, 2004

The market moved higher again today as investors anticipated a favorable jobs report this coming Friday. It’s OK for Prudent Investors to buy stocks. Aggressive Investors and Traders should play the market to the upside. For those of you who are “Riding the Wave,” we went long today with…

Daily Update Monday, March 29, 2004

Stocks started to go up at the open and stayed up all day long. Looks like a new rally is underway. With an UpDn situation, it’s OK for Prudent Investors to go bargain hunting and bottom fishing. Aggressive Investors and Traders should play the market to the upside. For…

The Bottom Line.

The current downtrend may have hit bottom on Wednesday, March 24. It soared on Thursday and tried to rally today. I wish there had been a stronger follow through. Given the tentative nature of this rebound and the retention of a DnDn situation, Prudent…

Daily Update Thursday, March 25, 2004

Bargain hunters pushed stock prices sharply higher today, suggesting that the downturn may have ended for now. Prudent Investors, however, should continue to remain cautious until we get more evidence of a solid rebound. Aggressive Investors and Traders should play the market up or down as it develops. For…

Daily Update Wednesday, March 24, 2004

Stocks tried to rally again today, but moved lower in late afternoon trading. Prudent Investors should continue to remain cautious 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 an equal…

Daily Update Tuesday, March 23, 2004

The market rebounded meekly today with investors still concerned about geopolitical affairs. Prudent Investors should continue to remain cautious 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 an equal blend…

Daily Update Monday, March 22, 2004

Investors drove the market sharply lower today as geopolitical concerns flooded the newswire. Prudent Investors should continue to remain cautious 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 an equal…