Monthly Archive: August 2011

Daily Update Tuesday, August 9, 2011

Australian stocks managed to close higher today after the release of positive economic data from China. However, declines outweighed advances and the Price of the VVC/AU ended lower. With one red light and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this…

Daily Update Monday, August 8, 2011

The Australian share market closed sharply lower today after Standard & Poor’s downgraded the United States’ credit rating. 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…

Weekly Newsletter Friday, August 5, 2011

A reckless week on the market was not kind to the Price of the VVC/AU as it ended the week $0.10 lower to close at $2.08 per share. Moreover, the RT, BSR and MTI all continued to spiral lower on a week-over-week basis. So, with three red lights and a DnDn…

Daily Update Thursday, August 4, 2011

The Australian share market closed lower today after a volatile day of trading. 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 short…

Daily Update Wednesday, August 3, 2011

Continued worries over the U.S. economy caused the Australian share market to close sharply 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”,…

Daily Update Tuesday, August 2, 2011

Concerns over the U.S. debit crisis caused Australian stocks to end today’s trading session sharply 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 or down as it develops with a bias to the…

Daily Update Monday, August 1, 2011

The Australian share market closed sharply higher today after the U.S. announced it had reached an agreement to raise the debt level. However, with one green light and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should…