Thoughts From the Frontline, February 2001
February 28, 2001
The Millennium Wave Investor Sentiment Index is 77, and moving down.
The Millennium Wave Sentiment Momentum Index is 35.25, still trending down.
The Millennium Wave Sentiment Percentage Uptrends is 29.52, and has gone flat!
The Millennium Wave Sector Model has moved to Basic Services (RYBIX) from Energy Services (RYVIX). We entered and left Energy Services with a slight loss, so that means 7 of the last 8 trades have been losers. I still think the market is too volatile for sector...
February 16, 2001
The Millennium Wave Investor Sentiment Index is 83, down somewhat
The Millennium Wave Sentiment Momentum Index is 42.25, still trending down
The Millennium Wave Sentiment Percentage Uptrends is 29.32, still leaping up!
The Millennium Wave Sector Model is still in Energy Services (RYVIX), with a small profit for a change, but after today, who knows? (comments below)
February 13, 2001
This is an important e-letter. Not only does it suggest things may get better sooner than I had previously thought, it will also be important in understanding the new Income Investment Model I will be introducing within a very short time.
February 2, 2001
The Millennium Wave Sector Model has switched into the Rydex Energy (RYVIX) from the Internet fund (RYIIX). As I predicted, that trade lost money. We are now down 6 out of 7 trades for January alone, when "normal" would only see 2 or 3 trades in a month. This market is too volatile for sector rotation models, but this investment style will have its day before the end of the year. Patience, Dr. Siddique. We will get there.