Monthly Archive: June 2004

Daily Update Wednesday, June 30, 2004

The 25 basis point rate increase went smoothly today and stocks rallied after the Fed’s announcement. 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 those of you who are “Riding the Wave,” we…

Daily Update Tuesday, June 29, 2004

With a Confirmed Up signal, 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 are long with an equal blend of IWMs and QQQs.You may see all the action…

Daily Update Monday, June 28, 2004

The market opened up higher this morning on news of the Iraqi handover, but closed lower at the end of the day on concerns of slower sales growth at Wal-Mart and weak GM sales. It’s still OK for Prudent Investors to buy selected stocks, but caution is advised. Aggressive…

Free Investment Workshops.

Although it has been a mighty struggle, the Price of the V V C made its biggest up-move, $0.29 per share, in the last four weeks. Nevertheless, we’ll take whatever crumbs this market has to offer. With an UpUp situation and the MTI heading North, it’s OK for Prudent…

Daily Update Thursday, June 24, 2004

The market continued in its directionless path today, with the major indexes closing with slight losses. It’s OK for Prudent Investors to continue bargain hunting and bottom fishing. Aggressive Investors and Traders should play the market to the upside. For those of you who are “Riding the Wave,” we…

Daily Update Wednesday, June 23, 2004

Three up days in a row is not a record, but it sure seems like it. 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 those of you who are “Riding the Wave,” we…

Daily Update Tuesday, June 22, 2004

Today was another reversal day for the market. It opened to the downside and closed to the upside. With an UpUp situation, it’s OK for Prudent Investors to buy stocks, but caution is advised. Aggressive Investors and Traders should play the market to the upside. For those of you…

Daily Update Monday, June 21, 2004

The market continued on its uncertain ways today as stocks opened to the upside, but closed to the downside. 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…