Monthly Archive: September 2008

Daily Update Thursday, September 18, 2008

Investors reacted enthusiastically to signs of a stronger financial sector helping the market to close higher. With three yellow 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…

Daily Update Wednesday, September 17, 2008

Bank and insurance stocks pummelled the TSX for the third consecutive day. 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.You may see all the action of the Daily Color Guard…

Daily Update Tuesday, September 16, 2008

The market showed little change today as gold and technology stocks turned positive and erased earlier losses. Therefore, 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.You may see all the…

Daily Update Monday, September 15, 2008

Energy stocks fell as oil prices plummetted below $100 a barrel causing the TSX to plunge more than 500 points. Therefore, 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.You may…

Weekly Newsletter Friday, September 12, 2008

The Price of the VVC/CA started the week out lower, but came back at the end of week with the help of Hurricane Ike pushing oil prices higher. The Price of the VVC/CA closed at $15.00, which is $0.30 lower than last Friday’s close of $15.30. The BSR is holding on…

Daily Update Thursday, September 11, 2008

Losses in the oil, gold and U.S. financial sectors weren’t enough to keep investors from buying stocks today and the TSX ended nearly 116 points higher. Nevertheless, with two red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play…

Daily Update Wednesday, September 10, 2008

Investors picked up bargains after days of steep losses and Canadian equities ended sharply higher today. Nevertheless, with three yellow 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 up or down…

Daily Update Tuesday, September 9, 2008

After a week long selloff led by oil and mining stocks that shows no signs of subsiding, the market plunged almost 500 points. Therefore, 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…