Monthly Archive: July 2004

Daily Update Thursday, July 8, 2004

The market moved lower again today due to a variety of factors ranging from downgrades, unsatisfactory earnings reports, terror warnings and Mr. Lay’s indictment. Prudent Investors should take and/or protect profits. Aggressive Investors and Traders need to play the market to the downside. For those of you who are…

Daily Update Wednesday, July 7, 2004

The market was mixed today, but a downgrade of internet stocks sent YHOO, EBAY, AMZN, and other internet stocks plunging in the after hours market. Prudent Investors should not buy any stocks at this time. Aggressive Investors and Traders should play the market up or down as it develops…

Daily Update Tuesday, July 6, 2004

Fear of higher oil prices and a slower economy triggered a sharp selloff today. 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,” we went into cash.You may…

Price – (Actual).

After giving a Confirmed Up signal on Tuesday, the market suffered two down days, sending the Primary Wave, as reflected by the Price of the VectorVest Composite, down from last Friday. It would have to go down one more week to give a preliminary signal of a sustainable downtrend. Given this…

Daily Update Thursday, July 1, 2004

A surprising increase in jobless claims, a series of downgrades, and slower auto sales triggered a major selloff in stocks today. Prudent Investors should go to the sidelines for now. Aggressive Investors and Traders need to play the market up or down as it develops. For those of you…