Monthly Archive: October 2008

Daily Update Wednesday, October 8, 2008

At the end of a whipsaw trading day the stock market jumped over 200 points, a welcome change after five days of negative trading. Therefore, with one red light and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market…

Daily Update Tuesday, October 7, 2008

Deepening gloom over the economy pushed the TSX lower again today. Therefore, with two 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 Monday, October 6, 2008

The TSX had gut-wrenching losses of 1200 points this morning, but a late day rally helped to alleviate nearly half the day’s losses. Therefore, with two red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to…

Weekly Newsletter Friday, October 3, 2008

The Price of the VVC/CA ended the week at $12.93 per share, nearing the lows reached in November 2003. With the BSR falling lower every week it looks like we are still in negative territory. Now the MTI has sunk below its lowest level this year, ending at 0.42. Therefore, with…

Daily Update Thursday, October 2, 2008

The market had its lowest close since June 2006 continuing on its downward spiral with a second 800-plus drop in less than a week. Do we have a falling knife? Only time will tell. Nevertheless, with three red lights and a DnDn situation Prudent Investors should not buy stocks…

Daily Update Wednesday, October 1, 2008

Weak U.S. manufacturing numbers and dismal U.S. auto sales caused the market to drift to a lower close after a volatile day of trading. Therefore, with two red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market…