Monthly Archive: August 2006

Daily Update Thursday, August 31, 2006

In a lackluster trading session today, the major averages closed slightly lower, but the Price of the VVC was higher by five cents. All of our indicators also moved higher. With three green lights and an UpUp situation Prudent Investors may buy high VST-Vector, ‘B’ rated stocks.Aggressive Investors and…

Daily Update Wednesday, August 30, 2006

Stock prices managed to move slightly higher on a choppy, slow summer day. With two green lights and an UpUp situation Prudent Investors may buy high VST-Vector, ‘B’ rated stocks.Aggressive Investors and Traders should play the market to the upside.For those of you who are “Riding the Wave”, we…

Daily Update Tuesday, August 29, 2006

A favorable interpretation of the August 8th FOMC minutes triggered a late rally today, driving stock prices sharply higher. With three green lights and an UpUp situation Prudent Investors may buy high VST-Vector, ‘B’ rated stocks.Aggressive Investors and Traders should play the market to the upside.For those of you…

Daily Update Monday, August 28, 2006

The Bulls had a good day on Wall Street today, pushing stock prices higher on light volume. There will be a lot of economic news coming out this week so we will have to see whether the rally continues. Although we have two green lights and a DnUp situation…

Risk Patience and Reward II.

The Primary Wave, as reflected by the week-to-week movement of the Price of the VVC, is Dn this week, even though the underlying trend of the market, as indicated by the MTI, is Up. If I take my mouse pointer and draw a line from the 07/21/06 price of $24.82 on…

Daily Update Thursday, August 24, 2006

With weak Durable Goods and new housing sales reports, stocks moved mostly lower during the day, but prices managed to recover in the afternoon on low volume. With three yellow lights and a DnUp situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market…

Daily Update Wednesday, August 23, 2006

Weak housing data triggered a major sell-off today and the bumpy ride of 2006 continues. With three red lights and a DnUp 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…

Daily Update Tuesday, August 22, 2006

Hawkish remarks from a Fed official torpedoed a modest rally today. However, the Price of the VVC still managed to make a small gain. With a C/Up situation Prudent Investors may buy high VST, “B” rated stocks.Aggressive Investors and Traders should play the market to the upside.For those of…