Monthly Archive: June 2011

Daily Update Monday, June 20, 2011

The Australian share market closed lower today on concerns over the global economy. With three red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside.For those of you who are “Riding the Wave”, we…

Weekly Newsletter Friday, June 17, 2011

The Price of the VVC/AU fell for the third consecutive week in a row losing $0.02 per share this week to end at $2.19 per share. Furthermore, our other indicators, the RT, BSR and MTI all moved lower over a five day trading period. Therefore, three yellow lights and a DnDn…

Daily Update Thursday, June 16, 2011

Global economic uncertainty plagued the market today and the Australian share market closed sharply lower. With three red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside.For those of you who are “Riding the…

Daily Update Wednesday, June 15, 2011

Australian stocks closed lower today after the speech from RBA governor Glenn Stevens warned of tightening its monetary policy. 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 to the downside.For those of you…

Daily Update Tuesday, June 14, 2011

Positive economic data from China caused the Australian share market to close higher today. However, declines outweighed advances and the Price of the VVC/AU ended lower. With two red lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market up…

Weekly Newsletter Friday, June 10, 2011

The Price of the VVC/AU faltered this week, losing $0.02 per share to close at $2.22 per share. Moreover, the BSR and MTI moved lower, while the RT has remained stagnant. So, with our indicators showing weakness, three yellow lights and a DnDn situation Prudent Investors should not buy stocks at…

Daily Update Thursday, June 9, 2011

Gains in the financial sector caused the Australian share market to close slightly higher today. With three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market up or down as it develops with a bias to the downside.For…

Daily Update Wednesday, June 8, 2011

Worries over the U.S. economy caused the Australian share market to close lower today. With three red lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market to the downside.For those of you who are “Riding the Wave”, we are…