- This asterisk indicates the "caution" issued on the 10th of July, 1998
telephone update where Jim indicated that the market would begin down shortly. This was
preceded by Jim's statement in the May 29, 1998 hard copy update "
Well, as I
have been saying, June and into July looks very dangerous. I personally will be out of the
market in June and may even be playing the
". On July 17th the market began its
plunge that saw it go down just over 19%.
- At this point most pundits and the media were throwing in the towel on the market. We
have reports of large losses from betting on the downside through the purchase of
"puts". At this time, just as things were looking bleakest, and as a "lone
voice" Jim advised that the Model had issued a "buy" signal on September
25, 1998. Within 10 days the market began a sharp rise which took it up almost 30% (up 62%
on the NASDAQ) by the time the Model issued a 'sell' signal on October 25, 1999.
- A "Sell" signal in the Model on October 25, 1999. This "sell"
allowed our subscribers to lock-in huge profits.Within 2 months the market began
its turn with the NASDAQ collapsing in the Spring of 2000. Meanwhile those who followed
the Model's direction were making money safely in other instruments. Those instruments
were up just over 21% at the end of December 2000 (and now at the end of February are up
- Dec 18, 2000 Advisory. A short term rally advisory through mid January 2001 ONLY
(EXPIRED MID JANUARY), limited to blue chip technology issues, certain financial and other
big-cap stocks was given within the context of an overall sell signal. The
influence of the sell signal remained in effect for all other areas during this short
period. The prime aim of this update was to warn those subscribers who may be short the
market to step aside until further notice - which was given at mid January. AS
OF MID JANUARY 2001 - THE SELL AGAIN TOOK PRECEDENCE in all areas, when the short
term advisory was lifted .
Past Performance Does Not Guarantee Future