Monthly Archive: June 2004

The Truth Chart.

The Price of the VVC/CA closed at $13.92 today. Although this is its highest level since the May 17th low of $13.63, it is important to note that it is only up 0.6% in the last 15 days. This is certainly not the kind of market that we want to go…

Daily Update Thursday, June 17, 2004

Talk of a partnership between Nortel Networks and Cisco and a positive earnings outlook on Potash Corporation sent the Canadian markets higher today. Although the Color Guard is mildly Bullish, the MTI is still below 1.00; therefore, Prudent Investors should remain cautious. Aggressive Investors and Traders should play the…

Daily Update Wednesday, June 16, 2004

Noranda take-over news pushed the market higher today. However, with a neutral Color Guard and uncertainty regarding inflation and interest rates, Prudent Investors should remain on the sidelines. Aggressive Investors and Traders should play the market up or down as it develops. You may see all the action of…

Daily Update Tuesday, June 15, 2004

A small increase, 0.2%, in the core U.S. CPI rate triggered a sharp rally on both the Toronto and Wall Street stock exchanges. However, the Venture exchange still had a down day. With a UpDn situation, Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market…

Daily Update Monday, June 14, 2004

Talk of higher interest rates sent stock prices lower today. Prudent Investors should remain on the sidelines and protect profits. Aggressive Investors and Traders should play the market to the downside; they should buy puts and/or sell stocks short. You may see all the action of the Daily…

Toronto EVent.

Although the Color Guard is mildly Bullish, the market has been flat to down for the last ten days. Therefore, Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market up or down as it develops.All investors should be aware of the risks involved in implementing aggressive strategies….

Daily Update Thursday, June 10, 2004

Canadian markets ended slightly higher today. Nevertheless, Prudent Investors should remain on the sidelines. Aggressive Investors and Traders should play the market up or down as it develops. You may see all the action of the Daily Color Guard graphically by clicking View on the main menu bar; then…

Daily Update Wednesday, June 9, 2004

The fear of higher US interest rates spilled over into the Canadian markets today causing stock prices to go sharply lower. Prudent Investors should remain on the sidelines. Aggressive Investors and Traders should play the market to the downside. You may see all the action of the Daily Color…