G’day Traders, One thing I am very fond of saying is – “The market’s reaction to news is much more important than the news itself.” Therefore, when the US market fell strongly on Thursday and then recovered due to BP and Goldman Sachs, I took it to be a very good sign. I thought this [...]

G’day Traders, I went to bed last night worrying I had said the wrong thing in my update. Just when I came out to say the equity markets may settle down, although to stick to any trends. Then the market fell on the open, breaking the uptrend. The strange thing was that, although bonds rallied, [...]

G’day Traders, It seems more than just Le Tour needed a rest day yesterday. The markets simply did nothing and it could be a sign that things are settling down for a while, or it could be a pause before a big move. I would guess there is about a 50/50 chance of big moves [...]

G’day Traders, Another beautiful day here, meeting more great people. One of the things is that just about every one of these investors is bearish on the markets…. that makes me a little worried being short. Again some really interesting companies presented – UNDT (a company producing anthrax detectors) and CLSC (a company that will [...]