Monthly Archive: February 2010

Daily Update Thursday, February 4, 2010

Australian equities closed lower today after the release of weak retail sales figures. With three red lights and a DnDn situation Prudent Investors should move to the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside.For those of you who…

Daily Update Wednesday, February 3, 2010

Resources stocks led the Australian share market higher today. Therefore, with three yellow lights and an UpDn situation Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long, but caution is advised.Aggressive Investors and Traders should play the market up or down as it develops with a bias…

Daily Update Tuesday, February 2, 2010

Strength in the mining and gold sectors pushed Australian equities 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 as it develops with…

Daily Update Monday, February 1, 2010

The Australian equities market closed in the red today after being dragged down by profit taking and the resource sector. 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 should play the market…