Monthly Archive: May 2008

Weekly Newsletter Friday, May 30, 2008

The Price of the VVC/AU fell again this week ending at $2.44 and the MTI fell to 0.99 today; giving us a Confirmed Down situation. Therefore Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside.All investors should be aware of the…

Daily Update Thursday, May 29, 2008

Australian equities closed higher today after news of Malaysia’s Petronas’ takeover of Santos. With three yellow lights and a DnUp situation Prudent Investors should use caution when making new purchases or remain on the sidelines.Aggressive Investors and Traders should play the market up or down as it develops.You…

Daily Update Wednesday, May 28, 2008

Weakness in the resource sector pushed Australian equities to a lower close today. With two red lights and a DnUp situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside.You may see all the…

Daily Update Tuesday, May 27, 2008

Australian equities closed slightly higher in an overall directionless day. With one red light and a DnUp situation Prudent Investors should move to the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market with a bias to the downside.You may see all the…

Daily Update Monday, May 26, 2008

Weakness in the mining sector pushed Australian equities lower today. With one green light and a DnUp situation Prudent Investors should refrain from making new purchases.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…

Weekly Newsletter Friday, May 23, 2008

The Price of the VVC/AU reversed its course last week falling $0.06 and we now have one red light and a DnUp situation. Therefore Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside.All investors should be aware of the risks involved…

Daily Update Thursday, May 22, 2008

Despite early losses, record oil prices pushed the energy sector upward allowing Australian equities to end the day slightly higher. However, with one red light and a DnUp situation Prudent Investors should move to the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play…

Daily Update Wednesday, May 21, 2008

Australian equities fell today following hefty declines on Wall Street overnight. With three yellow lights and a DnUp situation Prudent Investors should use caution when making new purchases.Aggressive Investors and Traders should play the market up or down as it develops.You may see all the action of the Daily…