Monthly Archive: October 2008

Weekly Newsletter Friday, October 31, 2008

We finally made some improvement in the Price of the VVC/AU as it ended at $1.72, up $0.03 for the week. The Primary Wave has switched to an Up and we have three yellow lights. Therefore Prudent Investors may cautiously go bargain hunting and bottom fishing.Aggressive Investors and Traders should…

Daily Update Thursday, October 30, 2008

The Australian equities market gained nearly 4% today after news of the U.S. cut in interest rates provided a healthy boost globally amongst share markets. With three yellow lights and a DnDn situtaion Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and…

Daily Update Wednesday, October 29, 2008

Big gains in early trading were nearly squandered today as a diminishing outlook on Wall Street led to only modest gains amongst Australian equities. With three yellow lights and a DnDn situtaion Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to…

Daily Update Tuesday, October 28, 2008

Despite a strong afternoon, the Australian equities market couldn’t shake off a negative lead from the U.S. and ended in the red. With two red lights and a DnDn situtaion Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play…

Daily Update Monday, October 27, 2008

Massive sell-offs caused a panic in markets throughout the world today as Australian shares sank to their lowest level in four years. With three red lights and a DnDn situtaion Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play…

Weekly Newsletter Friday, October 24, 2008

As predicted, the Up trend that started late last week did not last. Despite some impressive gains early this week, the Price of the VVC/AU experienced wild ups and downs and even hit a new all time low of $1.69 today. Expect more volatility this coming week as more corporate…

Daily Update Thursday, October 23, 2008

The Australian equities market closed down sharply for the second day in a row, losing nearly 4% by day’s end. 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…

Daily Update Wednesday, October 22, 2008

The Australian equities market emulated its Asian counterparts today as fears of a worsening global economic outlook lead the market sharply downward. With three red lights and an DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside.You…