Investors, encouraged by a peaceful election in Iraq and positive comments from OPEC this weekend, pushed the market to a higher close today. With an UpUp situation, it’s OK for Prudent Investors to buy stocks. Aggressive Investors and Traders should play the market to the upside. For those of…
Although the Price of the VVC rose on a weekly basis, changing the Primary Wave to an Up signal, the market is very dangerous right now. The underlying signal is still Dn and the BSR has fallen below 1.00. This tells us that the preliminary Up signal was brought on by…
Advancing issues led declining issues today, as the market ended the day mixed. Although the Price of the VVC rose on a weekly basis, signaling a green light, the underlying trend is still Dn. Therefore, Prudent Investors should exercise extreme caution at this time. Aggressive Investors and Traders…
The market closed higher today as better than expected earnings reports boosted sentiment. However, with a DnDn situation, Prudent investors should not buy stocks at this time. Aggressive Investors and Traders should play the market up or down as it develops. For those of you who are “Riding the…
A flurry of good earnings reports triggered a modest rally today, but we still have two red lights and a DnDn situation. Prudent Investors should not be buying stocks at this time and should be protecting profits. Aggressive Investors and Traders should continue to play the market to the…
With three red lights and a DnDn situation, Prudent Investors should not buy any stocks at this time and take actions to protect profits. Aggressive Investors and Traders should play the market to the downside. For those of you who are “Riding the Wave,” we went short today with…
So far this year, the market has gone down nine days and up five days. Unfortunately, it has gone down for the last three days, the Price of the VVC is down $0.97 from its December 31, 2004 close, and the Primary Wave as depicted in the Color Guard is Dn…
With two big down days, we still have an UpUp situation and three yellow lights. Prudent Investors should exercise extreme caution at this time. 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…