Monthly Archive: August 2004

Daily Update Monday, August 9, 2004

Although the TSX was up 6 points today, the broad market was relatively flat with declines outweighing advances. Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should play the market up or down as it develops, with a bias to the downside. You may…

The Daily Color Guard Report.

.This section provides guidance to readers based upon the analysis shown above and the type of investor referenced. We address three kinds of investors 1. Prudent Investors who prefer to buy fundamentally sound stocks and hold them for the long-term. We recommend they go bargain hunting at the beginning of market…

Daily Update Thursday, August 5, 2004

Oil prices set record highs today, causing investors’ fears to run rampant and Canadian stocks to close sharply lower. With a DnDn situation, Prudent Investors should continue to stay on the sidelines. Aggressive Investors and Traders should play the market up or down as it develops with a bias…

Daily Update Wednesday, August 4, 2004

OPEC’s enthusiastic comments regarding oil output coupled with higher US oil supplies pushed Canadian stocks sharply lower today, reversing our little uptrend. With a DnDn situation, Prudent Investors should go to the sidelines. Aggressive Investors and Traders should play the market up or down as it develops with a…

Daily Update Tuesday, August 3, 2004

Energy shares benefited from rising oil prices causing both the TSX Composite and the TSX Venture Composite to close slightly to the upside. Although the VectorVest Composite went down $0.01 today, it is up $0.14 from last week. Therefore, Prudent Investors should continue to get their shopping lists ready….