Monthly Archive: April 2005

Bottom Fishing.

With three down days sandwiched between two up days, the Price of the VVC fell $0.19 on a Friday to Friday basis and the Primary Wave is down. In the past four weeks, we have seen the Primary wave go Up, Dn, Up, Dn. Overall, the down waves have been more…

Daily Update Thursday, April 28, 2005

A lower than expected GDP report torpedoed the market today giving us three red lights and a DnDn situation. Prudent Investors should not buy any stocks at this time. Aggressive Investors and Traders should play the market to the downside. For those of you who are “Riding the Wave,”…

Daily Update Wednesday, April 27, 2005

The market opened to the downside today; then moved higher as oil prices dropped sharply. With the erratic behavior of the market at this time, Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market up or down as it develops. For those of you who…

Daily Update Tuesday, April 26, 2005

The market continued its up and down pattern today with today being of course a down day. With three red lights, Prudent Investors should not buy any stocks at this time. Aggressive Investors and Traders should play the market up or down as it develops. For those of you…

Daily Update Monday, April 25, 2005

The Bulls took over Wall Street today pushing stock prices sharply higher. With one green light and two yellow 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,”…

Investment Climate Updates.

The extreme volatility that we have experienced in the last two weeks has been caused by a serious case of Bear Market jitters. Investors can’t bear to hear news of a slower economy, because that will lower earnings. They can’t bear to hear news of a stronger economy either, because that…

Daily Update Thursday, April 21, 2005

A bevy of good earnings reports, a favorable jobs report and a favorable report from the Philly Fed spurred stock prices sharply higher today. With three yellow lights and a major rebound from recent lows, Prudent Investors should get their shopping lists ready. Aggressive Investors and Traders should play…

Daily Update Wednesday, April 20, 2005

A surprisingly unfavorable inflation report overwhelmed good earnings news and sent stock prices sharply lower. Prudent Investors should not buy any stocks at this time. Aggressive Investors and Traders should play the market to the downside. For those of you who are “Riding the Wave,” we are short with…