Monthly Archive: March 2004

Work the System.

Although we received a Confirmed down signal last Monday and the Price of the VVC is down for the second consecutive Friday, the market had two big up days last week. This behavior is consistent with a market in which investors continue to have…

Daily Update Thursday, March 18, 2004

The market started lower today on weak economic news, but rallied in the afternoon on reports that a high level al-Qaida official had been captured. Prudent Investors should remain cautious at this time. Aggressive Investors and Traders should play the market up or down as it develops. If you…

Daily Update Wednesday, March 17, 2004

The bulls took over Wall Street today driving prices sharply higher. Prudent Investors should get their shopping lists ready. Aggressive Investors and Traders should play the market up or down as it develops. If you are “Riding the Wave,” we will go into cash tomorrow if the market is…

Daily Update Tuesday, March 16, 2004

Stock prices rallied modestly today, but we are still in a DnDn situation in a Confirmed downturn. Prudent Investors should not buy any stocks at this time. They should take and/or protect profits. Aggressive Investors and Traders should play the market to the downside. If you are “Riding the…

Daily Update Monday, March 15, 2004

Renewed fears of terrorism drove stock prices sharply downward today erasing all of Friday’s gains. With a confirmed downturn, Prudent Investors should not buy any stocks at this time. They should take and/or protect profits. Aggressive Investors and Traders should play the market to the downside. For those of…

Shop and Compare.

Although the market rebounded sharply today, the Price of the V V C is down from last week, suggesting caution on our part. All of our other market timing indicators are also down from last week’s levels and broke below the 1.00 level yesterday…

Daily Update Thursday, March 11, 2004

A late sell off drove stock prices sharply down again today, with two red lights and a DnDn situation, Prudent Investors should protect profits and not buy any stocks at this time. Aggressive Investors and Traders should play the market to the downside. If you are “Riding the Wave,”…

Daily Update Wednesday, March 10, 2004

Stock prices fell sharply again today, apparently for no other reason than simple profit taking. Prudent Investors should remain on the sidelines and take defensive measures. Aggressive Investors and Traders should play the market to the downside. If you are “Riding the Wave,” we are short with an equal…