Monthly Archive: February 2011

Daily Update Wednesday, February 16, 2011

The Australian share market closed flat today after a volatile day of trading. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long only as the market moves higher.Aggressive Investors and Traders should play the market up or down as it develops with a…

Daily Update Tuesday, February 15, 2011

Strength in the material sector offset weakness in the financial sector causing Australian equities to close the day relatively flat. With two green lights and an UpUp situation Prudent Investors may buy stocks long as the market moves higher.Aggressive Investors and Traders should play the market to the upside.For…

Daily Update Monday, February 14, 2011

Gains in the mining sector caused the Australian share market to close sharply higher today. With one green light and an UpUp situation Prudent Investors may buy stocks long as the market moves higher.Aggressive Investors and Traders should play the market to the upside.For those of you who are…

Weekly Newsletter Friday, February 11, 2011

The Price of the VVC/AU gained $0.01 per share this week to end at $2.29 per share. Moreover, the BSR moved lower, while the RT has remained stagnant. This Bearish Divergence suggests that downside potential outweighs upside momentum. Nevertheless, with three yellow lights and an UpUp situation, we must let the…

Daily Update Thursday, February 10, 2011

After a volatile day of trading, Australian equities managed to end the session higher. With three yellow lights and an UpUp situation Prudent Investors should use caution when making new purchases.Aggressive Investors and Traders should play the market up or down as it develops with a bias to the…

Daily Update Wednesday, February 9, 2011

Banking stocks pushed Australian equities higher again today. With one green light and an UpUp situation Prudent Investors may buy stocks long as the market moves higher.Aggressive Investors and Traders should play the market to the upside.For those of you who are “Riding the Wave”, we are long in…

Daily Update Tuesday, February 8, 2011

A rally in the banking sector caused the Australian share market to close higher today. With three yellow lights and an UpUp situation Prudent Investors should use caution when making new purchases.Aggressive Investors and Traders should play the market up or down as it develops with a bias to…

Daily Update Monday, February 7, 2011

Mining stocks pushed Australian equities to a slightly higher close today. With one green light and an UpUp situation Prudent Investors may buy stocks long as the market moves higher.Aggressive Investors and Traders should play the market to the upside.For those of you who are “Riding the Wave”, we…