Monthly Archive: September 2008

Daily Update Thursday, September 18, 2008

Despite the U.S. Federal Reserve and several other central banks pumping billions of dollars into the financial system, the Australian equities market ended lower as questions about Macquarie Group arose. With three red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and…

Daily Update Wednesday, September 17, 2008

The Australian equities market could not take advantage of a great lead from Wall Street as late afternoon losses caused the market to end the day lower. With one red light and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive…

Daily Update Tuesday, September 16, 2008

Despite a late afternoon rally, the Australian equities market could not overcome the carnage that occured on Wall Street overnight and lost nearly 1.5%. With three red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders…

Daily Update Monday, September 15, 2008

The Australian equities market closed sharply lower as Wall Street folded overnight due to the news that U.S. investment bank Lehman Brothers had filed for bankruptcy. with three red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors…

Weekly Newsletter Friday, September 12, 2008

The Price of the VVC/AU finally found direction this week. It matched its lowest-low of $2.22 (reached on 8/21/08) yesterday. The last time we reached this low a rally occurred for eight days. The uptrend started today and it appears the rally could be on. Get those shopping lists out because…

Daily Update Thursday, September 11, 2008

The Australian equities market experienced sharp losses as concerns about the the US financial system and weaker commodity prices hindered the market all day. with three red lights and a C/Dn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to…

Daily Update Wednesday, September 10, 2008

Despite a late rally, the Australian equities market closed down as the market could not recover from a horrible lead on Wall Street. Nevertheless, with three red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to…

Daily Update Tuesday, September 9, 2008

The Australian equities marked closed down nearly 1.5% as the energy and resource sectors weighed down the market all day. Nevertheless, with two red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the…