Monthly Archive: October 2004

Daily Update Tuesday, October 19, 2004

The market opened to the upside today, but rising oil prices spoiled the fun. 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…

Daily Update Monday, October 18, 2004

The ease in the price of oil, spurred by commodity profit takers, encouraged investors to buy today as they pushed the major indices to higher closes. Prudent Investors should remain on the sidelines. Aggressive Investors and Traders should play the market up or down as it develops. For those…

Splitratio.

Stock prices rebounded nicely today, but the Price of the VectorVest Composite fell for the second consecutive week, giving a preliminary signal of a sustainable downturn. Prudent Investors should not buy stocks at this time and should continue to take defensive measures. Aggressive Investors and Traders should play the market up…

Daily Update Thursday, October 14, 2004

A plethora of negative news battered the Bulls today as the broad-based sell-off continued. Prudent Investors should continue to take and/or protect profits. Aggressive Investors and Traders should play the market to the downside. For those of you who are “Riding the Wave,” we will go short tomorrow with…

Daily Update Wednesday, October 13, 2004

Today’s market was a mirror image of yesterday’s trading. It opened to the high side and closed sharply to the downside. Prudent Investors should take and/or protect profits. Aggressive Investors and Traders should play the market to the downside. For those of you who are “Riding the Wave,” we…

Daily Update Tuesday, October 12, 2004

Record oil prices sent stock prices lower at the open, but rose as the day wore on as oil prices receded. With a DnUp situation, Prudent Investors should continue to be cautious. Aggressive Investors and Traders should play the market up or down as it develops with a bias…

Daily Update Monday, October 11, 2004

Stocks moved slightly higher on Wall Street today with Advances and Declines being fairly balanced. With a DnUp situation, 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…

Beeline Boppers II.

The Price of the VectorVest Composite peaked on Wednesday; then fell sharply over the last two days. It now has gone down on a week-to-week basis and we now have a DnUp situation. This is indeed unfortunate; since it appeared that we had a nice rally cooking. Given the turmoil in…