Monthly Archive: October 2008

Daily Update Tuesday, October 21, 2008

Great leads from markets around the world spurred the Australian equities market today, gaining nearly 4% by day’s end. With three yellow lights and an DnDn situation Prudent Investors should have their shopping lists if the Primary Wave turns to an Up tomorrow.Aggressive Investors and Traders should play the…

Daily Update Monday, October 20, 2008

The Australian equities market returned to positive territory today as renewed confidence in commodity stocks lead to big gains in the resource sector. With three yellow lights and an UnDn situation Prudent Investors should have their shopping lists ready to go bargain hunting and bottom fishing if the market…

Weekly Newsletter Friday, October 17, 2008

The Price of the VVC/AU, like the market, failed to find a true direction and moved in a tight range. It did gain $0.03 this week, but remains only $0.03 above its all time low of $1.74. The primary trend switched to an Up today, but would have to gain $0.06…

Daily Update Thursday, October 16, 2008

The recent rebound on the Australian equities market was practically erased today as stocks fell nearly 7%. 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…

Daily Update Wednesday, October 15, 2008

The Australian equities market experienced mild losses today, dragged down by growing fears that the demand for commodities is weakening. With one red light 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 market…

Daily Update Tuesday, October 14, 2008

The Australian equities market reacted favorably to the news that more global bailouts would occur, capping its best two-day performance in over thirty years. With three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines until we see the Primary wave move to an Up.Aggressive…

Daily Update Monday, October 13, 2008

The banking sector led the Australian equities market sharply upward today as stocks finally rebounded from their worst week since October 1987. With three yellow 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…

Weekly Newsletter Friday, October 10, 2008

Another week of drastic sell-offs and economic unrest has lead investors and traders to look for answers. The Price of the VVC/AU has fell on hard times as of late, but will serve as the best indicator for when to buy again. As predicted, our last support level of $2.07 (hit…