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Updates from October, 2010 Toggle Comment Threads | Keyboard Shortcuts

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  Lyn Summers 10:40 am on October 20, 2010 Permalink | Log in to leave a Comment
  Tags: alert, Australia market, code red, fire, resource ( 2 ), stocks ( 7 )   

  Code Red Alert 

  Resource stocks in Australia are on fire!

  Imagine understanding the fire that ignites these stocks and knowing when to buy them and when to sell them. Knowing when the Insiders are accumulating and when they are distributing. The secret in understanding this fire is price action and volume we want to trade with the insiders and buy when they buy and sell when they sell.  Because we understand this, today was another profitable trade on Greenland minerals and energy (GGG) we got  in at the bottom at .60c and out at the top at .90c thats 50% profit in a few days.

  If you would like to learn our secret please visit our events page at http://www.stockcourse.net/my-webinars

  And book for our live 6 week trading course that will deliver you the techniques and the trades.

  (More …)

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  Lyn Summers 11:37 am on October 1, 2010 Permalink | Log in to leave a Comment
  Tags: cross roads, falling euro ( 9 ), gold ( 5 ), index, pressure, reversal, traders ( 4 ), us dollar ( 2 ), vix, volatility ( 3 )   

  Market Update 1st October 2010 

  September has ended with the best monthly gains since 1992, however the Dow and the S&P made a bearish intra-day reversal.

  The S&P is struggling to break above 1,150 and the Dow is struggling at 10,900.

  September is typically the worst month of the year but this year has proven to be the best percentage gain since 1992, which has investors fearing- will October follow or will it reverse?

  A couple of things that could trigger a selloff  in the market is a rise in Capital Gains Tax, or if quantative easing is delayed meaning that , the FED delays printing any more money or if  Europe’s sovereign debt problems hit the headlines again and causes renewed fears as we know the problems are still there and very real.

  The VIX which is the volatility index spiked above 24 before pulling back  it’s the first time we’ve seen that in a while when there is fear in the markets this is when we see major moves in the VIX.

  And then we have Gold, which broke above 1,315 to a new record high, as the falling US dollar is under pressure.

  When markets are at cross roads we do nothing as traders, until we get a clear sign of either a bullish breakout or a bearish downturn, either way there will be some great profits to make if we are patient.

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