Articles

A few weeks ago I promised another review of the sectors. I have been deliberately postponing that as I had wanted to do that review at a time when the markets were not racing ahead – only because it is more difficult at these times to decipher the real underlying trends as opposed to hype of the time that drags everything along the way.

Welcome to spring – the skies are blue, the sun is shining, the birds are chirping, flowers blooming, property prices still booming, stock market seeing no limits – life is wonderful! But do we have to pay a price for this good fortune?

Back in Issue 19 of the Trading Tutors Newsletter I went through the details of a Double Top trade on NAB.

Last Tuesday I rang my on-line broker - who shall remain nameless – as their on-line trading was jammed – but so also was their phone service. I guess this is not surprising given the vast number of investors opening up new accounts – and margin lending accounts.

While the SPI200 has been creeping its way forward in this current up leg, we have not been presented with ranges large enough to allow us an entry using ABC trading rules.