Monthly Archive: March 2008

Daily Update Thursday, March 6, 2008

Stock prices got clobbered again today mainly due to mortgage and foreclosure problems. Higher oil prices didn’t help either. With today’s $0.54 drop, the Price of the VVC is only 17 cents above the January 22nd low, which we have to watch very carefully. With three red lights and…

Daily Update Wednesday, March 5, 2008

Stock prices went up and down and finished to the upside today with a variety of mostly bad news and some rays of hope for better days ahead. With three yellow lights and a DnDn situation Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders…

Daily Update Tuesday, March 4, 2008

Once again, the man who moves markets, Mr. John Chambers, chairman and CEO of Cisco Systems turned the market around with optimistic comments regarding his company’s outlook and a “short and shallow” economic downturn. In this strange day of trading, in which declining issues outnumbered advancing issues more than…

Daily Update Monday, March 3, 2008

Investors suffered through another salvo of bad news today such as record high oil prices, a falling dollar, contracting U.S. manufacturing and slowing construction spending, in up and down trading. Overall, the Major Indexes end up mixed. With three yellow lights and a DnDn situation Prudent Investors should not…