Monthly Archive: May 2010

Weekly Newsletter Friday, May 7, 2010

The Price of the VVC/AU lost $0.12 per share this week to end at $1.91 per share. Moreover, the MTI is now below 1.00, signaling that it’s possible to see a Confirmed Down as early as Monday. With three red lights and a DnDn situation Prudent Investors should remain on the…

Daily Update Thursday, May 6, 2010

Continued concerns over Greece’s debt weighed heavily on investors’ minds today and the Australian share market closed sharply lower. 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 to…

Daily Update Wednesday, May 5, 2010

Negative leads from the United States and European markets caused Australian stocks to end today’s trading session lower. 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 to the…

Daily Update Tuesday, May 4, 2010

Continued concerns over the proposed mining tax led Australian equities sharply lower today. 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 to the downside.For those of you who…

Daily Update Monday, May 3, 2010

The Australian share market closed today’s trading session lower after resource stocks faltered on concerns over the planned tax for mining companies. With two red lights and a DnUp Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the…