Monthly Archive: March 2005

Daily Update Thursday, March 31, 2005

Although most of the major averages were down today, the Price of the VVC managed to gain 5 cents, so the robust rally appears to have faltered. With an UnDn situation, Prudent Investors should continue to get their shopping lists in order. Aggressive Investors and Traders should play the…

Daily Update Wednesday, March 30, 2005

Bargain hunters pushed stock prices sharply higher from oversold levels. With three yellow lights and an UnDn situation, Prudent Investors should get their shopping lists ready. Aggressive Investors and Traders should play the market up or down as it develops. For those of you who are “Riding the Wave,”…

Daily Update Tuesday, March 29, 2005

The market turned ugly today as stock prices ended sharply lower. With three red lights and a DnDn situation, Prudent Investors should not buy any stocks at this time. They should take and/or protect profits. Aggressive Investors and Traders should play the market to the downside. For those of…

Daily Update Monday, March 28, 2005

Although most of the major indexes closed higher today, the Price of the VVC closed lower. With one red light and a DnDn situation, Prudent Investors should remain cautious and not buy any stocks at this time. Aggressive Investors and Traders should play the market to the downside. For…

An American Tragedy.

A late sell-off allowed the MTI to extend its losing streak through 13 consecutive days, the longest we have on record. I hope this is not an ominous sign of a severe market correction. Given that the MTI has been going down persistently, Prudent Investors should not buy stocks at this…

Daily Update Wednesday, March 23, 2005

Declining issues outweighed advancing issues three to one today as a disappointing Consumer Price Index report added fuel to investors’ inflation worries. With three red lights and a DnDn situation, Prudent Investors should take and/or protect profits at this time. Do not buy any stocks. Aggressive Investors and Traders…

Daily Update Tuesday, March 22, 2005

Today’s Fed rate hike plus a change in terminology from “accommodative to balanced” sent stock prices tumbling today. With three red lights and a DnDn situation, Prudent Investors should take and/or protect profits. Do not buy stocks at this time. Aggressive Investors and Traders should play the market to…

Daily Update Monday, March 21, 2005

Higher oil prices and fears of inflation drove the market lower today. With a DnDn situation, Prudent Investors should not buy stocks at this time, but should continue to take and/or protect profits. Aggressive Investors and Traders should play the market to the downside. For those of you who…