Weekly Newsletter Friday, October 24, 2008

The Price of the VVC/EU took a beating last week losing €2.07 and setting a new all-time low of €32.94 today. Meanwhile, the MTI and BSR are still at extremely low levels. However, I continue to look forward to a sustainable rally, but something of lasting benefit must happen to support…

Daily Update Thursday, October 23, 2008

Weakness in the banking and automobile sectors offest gains from the oil sector pushing stock prices and six of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) slightly lower today. With three red lights and a DnDn situation Prudent Investors should remain on…

Daily Update Wednesday, October 22, 2008

Continuing economic growth concerns plagued the European markets today sending stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply lower. With three red lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should…

Daily Update Tuesday, October 21, 2008

Snapping a two-day winning streak, the European markets fell on weakness from the automobile sector causing stock prices and six of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close lower today. With three yellow lights and a DnDn situation Prudent Investors…

Daily Update Monday, October 20, 2008

A positive start on Wall Street and strength in the banking and oil sectors pushed stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) higher today. With three yellow lights and a DnDn situation Prudent Investors should remain on the…

Weekly Newsletter Friday, October 17, 2008

The Price of the VVC/EU rose €0.61 last week, changing the Primary Wave to Up. We will need to see the Price of the VVC/EU go up one more week to give us a preliminary signal of a sustainable uptrend. Moreover, our other key indicators, the RT, BSR and MTI are…

Daily Update Thursday, October 16, 2008

Investors’ fears of a global recession continued to create chaos for the European markets as stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed sharply lower today. With one red light and a DnDn situation Prudent Investors should remain…

Daily Update Wednesday, October 15, 2008

Renewed recession fears weighed on investors’ minds today causing the European markets to snap a two-day winning streak sending stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply lower. With one red light and a DnDn situation Prudent Investors…