Monthly Archive: October 2004

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The market continued its choppy ways last week as it broke upward on news of lower oil prices. Hopefully, it will continue on this upward path post election day. If this happens, the rally could go clear into next year. But don’t bet on it just yet. Too many problems lie…

Daily Update Thursday, October 28, 2004

After spending most of the day in negative territory, the market managed to eek out small gains. It’s OK for Prudent Investors to buy stocks long. Aggressive Investors and Traders should play the market to the upside. For those of you who are “Riding the Wave,” we are long…

Daily Update Wednesday, October 27, 2004

Lower oil prices gave stocks a big boost today. With three green lights, it’s OK for Prudent Investors to buy stocks long. Aggressive Investors and Traders should play the market to the upside. For those of you who are “Riding the Wave,” we went long today with selections from…

Daily Update Tuesday, October 26, 2004

When the market wants to go up, it goes up regardless of the news and it went up today. It’s OK for Prudent Investors to get their shopping lists ready. Aggressive Investors and Traders should play the market up or down with a bias to the upside. For those…

Daily Update Monday, October 25, 2004

The market was mixed today with small-cap stocks doing fairly well, but large-cap stocks moving lower. With the Price of the VVC moving in a trading range, Prudent Investors should remain on the sidelines. Aggressive Investors and Traders should play the market up or down with a bias to…

The Microsoft Dividend.

After struggling all week long to go higher, the Price of the VectorVest Composite took a mighty beating today, closing at $21.51 per share. It has now gone down three consecutive weeks, suggesting that the down move from 10/06/04 is becoming entrenched. Yes, the Primary Wave did give an Up signal…

Daily Update Thursday, October 21, 2004

Tech stocks soared today while Blue Chips lagged behind. With two green lights and an UpUp situation, it’s OK for Prudent Investors to go bottom-fishing and bargain hunting. Aggressive Investors and Traders should play the market up or down as it develops with a bias to the upside. For…

Daily Update Wednesday, October 20, 2004

Although oil prices rose higher today, the markets closed mixed. Prudent Investors should continue to be cautious. Aggressive Investors and Traders should play the market up or down as it develops with a bias to the downside. For those of you who are “Riding the Wave,” we are in…