Monthly Archive: September 2011

Daily Update Tuesday, September 20, 2011

The Australian share market closed lower today after Standard & Poor’s downgraded Italy’s 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 downside.For those of…

Daily Update Monday, September 19, 2011

Lingering concerns over Greece’s debt issues plagued the market today and Australian stocks closed lower. With two red lights and an UpDn 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…

Weekly Newsletter Friday, September 16, 2011

The Price of the VVC/AU fell for the second consecutive week losing $0.02 per share this week to end at $2.10 per share. Furthermore, our other indicators, the RT, BSR and MTI moved lower on a week-over-week basis. So, with three yellow lights and a DnDn situation Prudent Investors should not…

Daily Update Thursday, September 15, 2011

Australian stocks 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 a bias…

Daily Update Wednesday, September 14, 2011

News that Moody’s downgraded two top French banks, Societe Generale and Credit Agricole caused the Australian share market to close lower today. 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…

Daily Update Tuesday, September 13, 2011

Gains in the mining sector caused Australian stocks to close higher 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 downside.For…

Daily Update Monday, September 12, 2011

Anxieties surrounding the European debt crisis caused Australian equities to close sharply lower today. With two 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 with a bias to the downside.For…

Weekly Newsletter Friday, September 9, 2011

The Price of the VVC/AU lost $0.01 per share this week to end at $2.12 per share. While the Price of the VVC/AU closed lower for the week, the RT and BSR closed higher. This phenomenon is a Bullish divergence and usually indicates that upside potential outweighs downside risk. Nevertheless, with…