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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: kendall harmon who wrote (56053)	8/16/1999 11:57:00 PM
From: red_dog	Respond to of 120523

The Daily Color Guard Analysis Monday, August 16, 1999 SUMMARY: All lights are yellow, the caution light is on and the Color Guard is neutral. With both the Price of the VVC and the overall market in up trends, we have an UpUp situation. STRATEGY: Prudent Investors should remain cautious and continue to defer from buying stocks at this time. Aggressive Investors and Traders should continue to be aware that the Price of the VVC and the MTI are signaling an UpUp market. They should play the upside of the market, being aware that this could be a "Sucker Rally" in the midst of a Downturn. ANALYSIS: The Price of our VectorVest Composite (VVC) closed at $19.66 a share today, up $0.05 per share from Friday, and up $0.38 from last Monday's Price of $19.28 per share. Since the weekly rise in the price of the VVC was confirmed by today's action, it turned from red to yellow. Since the price of the VVC went up, the primary trend of the market is Up. The RT of the VVC closed at 0.94, unchanged from Friday, but up 0.03 points from last Monday's reading of 0.91. Since the weekly rise in this indicator was not confirmed by today's action, it remains yellow. The Buy/Sell Ratio, (BSR) of our Recommendation Profile of 7,131 stocks closed at 0.37, down 0.04 points from Friday, but up 0.04 points from last Monday. Since the weekly rise in this indicator was not confirmed by today's action, it turned from red to yellow also. Our Market Timing Indicator, (MTI), which combines the trends of the Price of the VVC, the RT and the BSR into a single indicator, closed at 1.03, down 0.02 points from Friday, but up 0.30 points from last Monday. Since it is above 1.00, the overall trend of the market is Up. You may see all the action of the Daily Color Guard graphically by clicking View on the main menu bar: then clicking Market Timing Graph.