Monthly Archive: September 2008

Daily Update Tuesday, September 30, 2008

The Australian equities market closed sharply lower after Wall Street suffered its biggest one-day points slide due to the failure of the proposed U.S. bailout plan. With three red lights and an DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors…

Daily Update Monday, September 29, 2008

The Australian equities market closed nearly 2% lower as a weak day in the resource sector and anticipation about the U.S. bailout plan led the market downward. With three red lights and an DnDn situation Prudent Investors should move to the sidelines and not buy stocks at this time.Aggressive…

Weekly Newsletter Friday, September 26, 2008

The Price of the VVC/AU gained $0.06 on Monday, but saw little movement the rest of the week as it moved in a very tight range. The RT, BSR and MTI all gained ground this week. The U.S. bailout plan may or may not be unveiled on Monday so keep a…

Daily Update Thursday, September 25, 2008

The Australian equities market closed lower today as sharp decreases in base metal prices caused huge losses in the resource sector. With three yellow lights and an UpDn situation Prudent Investors may continue to cautiously buy high VST-Vector, ‘B’ rated stocks long.Aggressive Investors and Traders should play the market…

Daily Update Wednesday, September 24, 2008

The Australian equities market reacted kindly to the news that Warren Buffett will invest in Goldman Sachs, ending the day higher. With three yellow lights and an UpDn situation Prudent Investors may continue to cautiously buy high VST-Vector, ‘B’ rated stocks long.Aggressive Investors and Traders should play the market…

Daily Update Tuesday, September 23, 2008

The Australian equities market closed sharply lower as concerns about the U.S. rescue plan mounted. With three yellow lights and an UpDn situation Prudent Investors may continue to cautiously buy high VST-Vector, ‘B’ rated stocks long.Aggressive Investors and Traders should play the market up or down as it develops…

Daily Update Monday, September 22, 2008

The Australian equities market closed sharply up for the second day in a row as the U.S. rescue plan and a ban on short selling boosted the market. With three yellow lights and an UpDn situation Prudent Investors may cautiously buy high VST-Vector, ‘B’ rated stocks long.Aggressive Investors and…

Weekly Newsletter Friday, September 19, 2008

The Price of the VVC/AU broke its previous support level of $2.22 and is now hitting new lows. This recent support level held for some time and it is hard to tell if the new lows will serve as a support level. Therefore, it is important to see whether stocks continue…