Noel Campbell

It''s been an interesting couple of weeks on the SPI200 since the passing of the March Equinox.

In an article a few weeks back I related the SPI200 to being one of those monsters in a good horror movie.

Once again this week I''m going to divert my attention from futures across to one of the stocks that make up the Dow Jones Industrial Average, Pfizer (PFE).

The Share Price Index (SPI) and therefore the Australian market as a whole, has been rocketing up over the past six months since the intermediate low in August.

In this week’s article I have something that has the potential to be extremely exciting and profitable.

It’s no secret to an established Trading Tutors Newsletter reader that I’ve been watching for a big rally in the price of Sugar.

Last week I wrote about some technical ponderings on the Aussie Dollar contract traded out of Chicago.

Our dollar has experienced a fantastic run up over the past few months. Regular Trading Tutor Newsletter readers would recall that I wrote an article calling the Aussie dollar up when it was trading around 0.6800, since that time the currency has risen over 0.1000, which on the future markets represent 1000 points.

Here I am preparing the latest article and all that has basically happened between now and last time is the SPI200 has continued up! Times like now, when the market is defying normal logic can be dangerous for even experienced traders.

The market action here in Australia continued to dazzle, record closes after record closes.