Dr. Greenspan’s testimony to the Senate Banking Committee scuttled stocks today driving prices sharply lower. With a DnDn situation, Prudent Investors should not buy any stocks at this time. Aggressive Investors and Traders should play the market to the downside. For those of you who are “Riding the Wave,”…
With three yellow lights, we believe that it is best to take a wait and see posture before making any major commitments up or down. Therefore, Prudent Investors should remain cautious with a bias to the downside. Aggressive Investors and Traders should play the market up or down as…
Monday is going to be a very important day in analyzing the direction of this market. We got a C/Up signal on Monday, April 5th and a DnUp signal last Monday. If the market is still going down on a week-to-week basis at the…
Profit taking drove stocks down again today. Prudent Investors should continue to protect and/or take profits. Aggressive Investors and Traders should play the market to the downside. For those of you who are “Riding the Wave,” we are in cash.You may see all the action of the Daily Color…
Continued fears of higher interest rates and terrorism derailed stocks today. Prudent Investors should continue to protect and/or take profits. Aggressive Investors and Traders should play the market to the downside. For those of you who are “Riding the Wave,” we are in cash.You may see all the action…
Strong retail sales and good earnings reports led to the fear of higher interest rates, causing stock prices to fall sharply. Prudent Investors should protect and/or take profits. Aggressive Investors and Traders should play the market to the downside. For those of you who are “Riding the Wave,” we…
The market rose today on expectations of strong earnings reports. However, our week-over-week analysis is weak. Therefore, Prudent Investors should become cautious. Aggressive Investors and Traders should play the market up or down as they see fit. For those of you who are “Riding the Wave,” we are long…
We received a Confirmed up signal on Monday, but geopolitical concerns have been putting a damper on the market. For example, the market opened sharply higher this morning on good earnings reports from several companies, but it sold-off on news of a bomb scare…