Monthly Archive: June 2004

Daily Update Tuesday, June 8, 2004

The market fell slightly today as the Bank of Canada disappointed investors by not providing a firm outlook on when interest rates could rise. Prudent Investors should go to the sidelines. Aggressive Investors and Traders should play the market up or down as it develops with a bias to…

Daily Update Monday, June 7, 2004

The big rally on Wall Street carried over into Canada today driving stock prices sharply higher. Prudent Investors should go to 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…

The Primary Wave.

Investors drove the market higher Monday and Tuesday in anticipation of good news on the jobs front, then retreated to the sidelines and began selling on Wednesday and Thursday as Nortel said they would not be able to finish their restatement of earnings in the second quarter and OPEC stated they…

Daily Update Thursday, June 3, 2004

Canadian stocks fell in concert with the miserable day on the US markets. With a DnDn situation, Prudent Investors should go to the sidelines and protect profits. Aggressive Investors and Traders should play the market to the downside, buy Puts and/or sell risky, overvalued stocks short. You may see…

Daily Update Wednesday, June 2, 2004

Disappointing news from Nortel Networks sent the market lower today. 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…

Daily Update Tuesday, June 1, 2004

The market’s rally seems to be losing steam. Prudent Investors should go to 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;…