Monthly Archive: August 2004

Daily Update Monday, August 9, 2004

The market tried to rally today and although the major indexes were up for most of the day, there were more stocks going down than there were going up. Prudent Investors should take defensive actions and not buy stocks at this time. Aggressive Investors and Traders should play the…

The Daily Color Guard Report.

.This section provides guidance to readers based upon the analysis shown above and the type of investor referenced. We address three kinds of investors 1. Prudent Investors who prefer to buy fundamentally sound stocks and hold them for the long-term. We recommend they go bargain hunting at the beginning of market…

Daily Update Thursday, August 5, 2004

Oil prices rose, stocks plummeted and the Dow closed below 10,000 today. Prudent Investors should take defensive actions and not buy stocks at this time. Aggressive Investors and Traders should play the market up or down as it develops, with a bias to the downside. For those of…

Daily Update Wednesday, August 4, 2004

The market ended flat today with oil prices controlling the market for the fourth day in a row. Prudent Investors should stay on the sidelines. Aggressive Investors and Traders should play the market up or down as it develops. For those of you who are “Riding the Wave,” we…

Daily Update Tuesday, August 3, 2004

Higher oil prices and lower consumer spending combined to cripple the market today. Since we still have an UpDn situation, the nascent rally is not completely dead yet. Prudent Investors should stay on the sidelines. Aggressive Investors and Traders should play the market up or down as it develops….

Daily Update Monday, August 2, 2004

A heightened terror alert in the financial district sent stock prices tumbling early today. Nevertheless, stock prices recovered as the day wore on. Prudent Investors should continue to get their shopping lists ready. Aggressive Investors and Traders should play the market up or down with a bias to the…