Monthly Archive: February 2009

Daily Update Thursday, February 5, 2009

A horrible day by major bank stocks led Australian equities to a lower close. With three yellow lights, a DnDn situation and the presumption that stock prices will continue to move lower tomorrow Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive…

Daily Update Wednesday, February 4, 2009

The Australian share market ended the day in the red, with strong losses in the mining and property trust sectors. 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 the…

Daily Update Tuesday, February 3, 2009

Financial stocks gained ground today with the help of the Commonwealth Bank stating its interim profits would be higher than expected. With one red light and a UnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play…

Daily Update Monday, February 2, 2009

With a negative lead from the United States market and weakness among the big banks the Australian share market closed the day over one % lower. With three yellow lights and a UpDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive…