Monthly Archive: August 2005

Daily Update Wednesday, August 31, 2005

Lower oil prices and the prospect of the cessation of higher interest rates pushed stock prices sharply higher today. With an UpUp situation, Prudent Investors may begin getting their shopping lists ready. Aggressive Investors and Traders should play the market up or down as it develops. For those of…

Daily Update Tuesday, August 30, 2005

The prospect of energy shortages due to Hurricane Katrina pushed energy stock prices higher, but just about all other types of stocks went lower. With a DnDn situation, Prudent Investors should not buy any stocks at this time. Aggressive Investors and Traders should play the market to the downside….

Daily Update Monday, August 29, 2005

The market rallied today as Hurricane Katrina weakened and oil prices pulled back from record highs. With three yellow lights, Prudent Investors should remain on the sidelines. Aggressive Investors and Traders should play the market up or down as it develops. For those of you who are “Riding the…

Protrader Graphs.

Although the market has been making little counter rallies since it peaked on August 2nd, the Price of the VectorVest Composite has gone down for two consecutive weeks, giving a preliminary signal of a sustainable downturn. We need to see the Buy/Sell Ratio, BSR, go below 1.00 to confirm the…

Daily Update Thursday, August 25, 2005

Investors took a rest from selling today as the major averages closed with modest gains in light of another record high for oil. With an UpDn situation, Prudent Investors should remain cautious and not buy stocks at this time. Aggressive Investors and Traders should play the market up or…

Daily Update Wednesday, August 24, 2005

Stock prices went for a roller coaster ride today. First, they went down on a poor durable goods report and then they went up on strong sales of new houses. Finally, they went down on record prices for crude oil. With one red light and two yellow lights, Prudent…

Daily Update Tuesday, August 23, 2005

Stock prices moved moderately lower today on news of slower existing home sales. With one red light and two yellow lights, 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…

Daily Update Monday, August 22, 2005

Stocks moved slightly higher today on lackluster trading. With three yellow lights, Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market to the downside. For those of you who are “Riding the Wave,” we are 50% short with an equal blend of IWMs (ETF -…