Monthly Archive: June 2011

Daily Update Thursday, June 30, 2011

News that the new austerity plan for Greece passed caused the Australian share market to close sharply higher today. With one green light and an UpDn situation Prudent Investors may buy stocks as the market moves higher.Aggressive Investors and Traders should play the market up or down as it…

Daily Update Wednesday, June 29, 2011

Hopes that Greece would pass an austerity bill boosted investor sentiment today and the Australian share market closed higher. However, with three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines until we see a green light in the Price column.Aggressive Investors and Traders should…

Daily Update Tuesday, June 28, 2011

Australian equities closed slightly higher today with healthcare stocks providing support. However, with two red lights and an UpDn situation Prudent Investors should remain on the sidelines until we see a green light in the Price column.Aggressive Investors and Traders should play the market up or down as it…

Daily Update Monday, June 27, 2011

Concerns over the parliamentary vote for Greece’s debt issues caused the Australian share market to close lower today. With one red light and an UpDn situation Prudent Investors should remain on the sidelines until we see a green light in the Price column.Aggressive Investors and Traders should play the…

Weekly Newsletter Friday, June 24, 2011

The Price of the VVC/AU gained $0.007 per share this week to end at $2.193 per share and changing the Primary Wave to Up. With the Price of the VVC/AU moving modestly higher and the Buy/Sell Ratio, BSR, at a level of 0.05, signaling that the market is oversold, we could…

Daily Update Thursday, June 23, 2011

Concerns over the growth of the U.S. economy pushed Australian equities lower today. With three yellow lights and an UpDn situation Prudent Investors may buy stocks long only when the market is rising.Aggressive Investors and Traders should play the market up or down as it develops.For those of you…

Daily Update Wednesday, June 22, 2011

The Australian share market closed higher today on hopes of a bailout package for debt troubled Greece. However, with three yellow lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market up or down as it develops with…

Daily Update Tuesday, June 21, 2011

Gains in the energy sector pushed Australian stocks to a higher close today. However, with three yellow lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market up or down as it develops with a bias to the…