Monthly Archive: November 2008

Daily Update Wednesday, November 5, 2008

Profit takers and the doomsters and gloomsters took over Wall Street sending stock prices sharply lower. After the market closed, Mr. John Chambers, President and CEO of Cisco Systems, aka the man who moves markets, said he expects revenue to fall 5 to 10% in the current quarter, adding…

Daily Update Tuesday, November 4, 2008

Better-than-expected earnings results and improvement in the credit market helped stocks to stage their biggest Presidential Election Day rally since 1984 with the Dow ending 3.3% higher, the Nasdaq ending 3.1% higher and the S&P 500 ending 4.1% higher. With one green light and an UpDn situation Prudent…

Daily Update Monday, November 3, 2008

The market was mixed today in narrow trading as investors waited for the results of tomorrow’s Presidential election. With three yellow lights and an UpDn situation Prudent Investors may go bargain hunting and bottom fishing.Aggressive Investors and Traders should play the market to the upside.For those of you…