Monthly Archive: October 2005

Daily Update Wednesday, October 19, 2005

Lower oil prices and a Bullish Beige Book report from the Fed sparked a strong afternoon rally sending stock prices sharply higher. With three yellow lights and an UpDn situation, Prudent Investors should get their shopping lists ready. Aggressive Investors and Traders should play the market up or down…

Daily Update Tuesday, October 18, 2005

The largest increase in wholesale prices in 25 years and the specter of Hurricane Wilma sent stock prices sharply lower today. Prudent Investors should not buy any stocks at this time and/or protect profits. Aggressive Investors and Traders should play the market to the downside. For those of you…

Daily Update Monday, October 17, 2005

Led by automotive and tobacco stocks, the market moved modestly higher today. With two consecutive up days, Prudent Investors should start getting 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,”…

Buying the Right Stocks.

Did we see the bottom of the downturn today or was today’s rebound just a sucker’s rally? That’s hard to say, but I do know that when the BSR goes below 0.20 as it did yesterday, the market is oversold and we are nearing a bottom. So it didn’t surprise me…

Daily Update Thursday, October 13, 2005

While the tech stocks staged a modest rally, the price of the VVC continued to go down. Under current market conditions, Prudent Investors should not buy stocks. Aggressive Investors and Traders should play the market to the downside. For those of you who are “Riding the Wave,” we are…

Daily Update Wednesday, October 12, 2005

The market took no prisoners today as stocks fell sharply across the broad spectrum. With three red lights and a DnDn situation, Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should play the market to the downside. For those of you who are “Riding…

Daily Update Tuesday, October 11, 2005

Higher oil prices and a continued fear of higher inflation sent stock prices lower again today. Prudent Investors should not buy 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…

Daily Update Monday, October 10, 2005

Delphi bankruptcy set a sour tone on Wall Street today pushing stock prices lower. Prudent Investors should continue to stay on the sidelines 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 went short…