Monthly Archive: October 2005

Daily Update Monday, October 31, 2005

Lower oil prices and positive economic data had investors buying stocks today. Prudent Investors should get their shopping lists ready. Aggressive Investors and Traders should play the market with a bias to the upside.You may see all the action of the Daily Color Guard graphically by clicking Market Timing…

The Forbes 200.

For the third straight week, fluctuating oil prices have taken the Canadian markets on a rollercoaster ride, closing lower on Wednesday and Thursday and higher on Monday, Tuesday and Friday. However, the Primary Wave turned to an Up signal on Wednesday, so there is a chance that last Thursday’s low of…

Daily Update Thursday, October 27, 2005

Weakness in the resource sector pushed the TSX lower today. With three yellow lights, Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market up or down as it develops.You may see all the action of the Daily Color Guard graphically by clicking Market Timing Graph…

Daily Update Wednesday, October 26, 2005

Falling oil prices and a disappointing earnings report from EnCana Corporation drove the energy sector and the Canadian markets lower today. With three yellow lights, Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market up or down as it develops.You may see all the action…

Daily Update Tuesday, October 25, 2005

Economic concerns and losses in the financial and tech shares offsetting gains in the energy and gold shares left the Canadian markets relatively flat today. With three yellow lights and a DnDn situation, Prudent Investors should remain cautious, while Aggressive Investors and Traders should play the market up or…

Daily Update Monday, October 24, 2005

Investors looked for bargains in the energy sector today, pushing the Canadian markets higher. However, with a DnDn situation, Prudent Investors should remain cautious, while Aggressive Investors and Traders should play the market up or down as it develops.You may see all the action of the Daily Color Guard…

Year-End Rally.

Section, was that the Buy, Sell Ratio, BSR, went below 0.20 on 10/13/05. This event always indicates that the market is oversold and near a bottom. Finally, the Primary Wave, (see Views 06/04/2004), turned to Up last Wednesday, the 19th. While yesterday’s sell-off made the Primary Wave turn to Dn…

Daily Update Thursday, October 20, 2005

Falling oil prices pushed the energy sector and the Canadian markets considerably lower today. Prudent Investors should remain to the sidelines. Aggressive Investors and Traders should play the market to the downside.You may see all the action of the Daily Color Guard graphically by clicking Market Timing Graph on…