Monthly Archive: November 2009

Daily Update Monday, November 30, 2009

A rally in the banking sector caused the Australian share market to close sharply higher today. However, 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 market up or down…

Weekly Newsletter Friday, November 27, 2009

The Price of the VVC/AU lost $0.05 per share this week to end at $1.92 per share. The Price of the VVC/AU has now fallen for two consecutive weeks and the MTI is below 1.00, giving us a Confirmed Down signal. With two red lights and a C/Dn situation Prudent…

Daily Update Thursday, November 26, 2009

Sell-offs among financial stocks caused Australian shares to close slighly lower today. With two red lights and a DnUp situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market up or down as it develops with…

Daily Update Wednesday, November 25, 2009

Gold stocks led the Australian share market higher today. Therefore, with one red light and a DnUp situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market up or down as it develops with a bias…

Daily Update Tuesday, November 24, 2009

The Australian equities market closed in the red today after being dragged down by the resource sector. Therefore, with one red light and a DnUp situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market up…

Daily Update Monday, November 23, 2009

The Australian share market closed higher today after Harvey Norman and Rio Tinto shares made notable gains. Therefore, with three yellow lights and an DnUp situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market up or…

Weekly Newsletter Friday, November 20, 2009

The Price of the VVC/AU lost $0.01 per share this week to end at $1.97 per share. The RT and MTI also moved lower this week. Moreover, the BSR, a.k.a, the Canary, has fallen below 1.00 this week and is signaling that we should be very wary of this market. Keep…

Daily Update Thursday, November 19, 2009

Resources stocks led the Australian share market slightly higher today. Therefore, with one red light and an UpUp situation Prudent Investors should move to the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market with a bias to the downside.For those of…