Monthly Archive: November 2010

Daily Update Tuesday, November 30, 2010

Continued concerns over Europe’s debt plagued the market today and Australian equities closed lower. With one red light and an UpUp situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market up or down as it develops.For those of you who are “Riding…

Daily Update Monday, November 29, 2010

Although the trading was choppy today, the healthcare and enegy sectors managed to push Australian equities to a higher close. However, with three yellow lights and an DnUp situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market up or down as it develops.For…

Weekly Newsletter Friday, November 26, 2010

The Price of the VVC/AU gained $0.001 per share this week to close at $2.126 per share. Moreover, our other key indicators the RT, BSR and MTI moved lower. This Bearish Divergence suggests that downside potential outweighs upside momentum. Nevertheless, with one green light and an UpUp situation, we must let…

Daily Update Thursday, November 25, 2010

A great performance from Wall Street caused Australian stocks to close slightly higher. However, with three yellow lights and a UnUp 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…

Daily Update Wednesday, November 24, 2010

Australian stocks closed flat today after a choppy day of trading. 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 to the downside.For those of you who are “Riding…

Daily Update Tuesday, November 23, 2010

Concerns over Europe’s debt caused Australian stocks to close 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 to the downside.For those of you who are “Riding…

Daily Update Monday, November 22, 2010

The Australian share market closed higher today as the proposed bailout for Ireland eased investors minds. However, with one green 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…

Weekly Newsletter Friday, November 19, 2010

The Price of the VVC/AU lost another $0.01 per share this week to close at $2.13 per share, giving us a preliminary signal of a sustainable downtrend. Moreover, the RT, BSR and MTI all moved lower on a week-over-week basis. With one red light and a DnUp situation Prudent Investors should…