Monthly Archive: June 2008

Daily Update Thursday, June 5, 2008

The Australian market closed the day down as a steep decline in oil prices dragged energy stocks lower. With two red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside.You may see all…

Daily Update Wednesday, June 4, 2008

The Australian market closed the day relatively flat despite news of unexpected strong economic growth. With one red light and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside.You may see all the action of the…

Daily Update Tuesday, June 3, 2008

The Australian market closed the day lower due to renewed credit concerns on Wall Street. With two red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside.You may see all the action of the…

Daily Update Monday, June 2, 2008

Strength in resource and energy stocks offset hefty losses in financial stocks and the All Ordinaries Index managed to end the day slightly higher. However, the Price of the VVC/AU fell and we have two red lights and a DnDn situation. Therefore Prudent Investors should not buy stocks at…