The Truth About Trading With The 52 Week High: Can You Still Profit And Does It Still Work?

By Dave McLachlan Market Wizard William O’Neil has long advocated the power of looking for stocks that are making a new 52 week high before buying them.  In fact he made it a part of his overall method (the acronym CANSLIM includes “N” – new product, new management or new highs). The reasoning behind waiting [...]

November 20, 2011  Tags: , , , , , , , , , , ,   Posted in: Articles On Building Wealth, ASX  No Comments

Dave’s Trading Diary – A Commitment Phobic Stock Market

 See the Trading Diary Here Hi guys, One thing has become very clear in reporting season this year: that while many companies have reported decent profits – many on target or just over target – they have also forecast hard times ahead for the next financial year. Where does this leave the market though?  Mostly in a [...]

August 22, 2010  Tags: , , , ,   Posted in: Dave's Trading Diary  No Comments

Market Watch Weekly – Dow’s Predictions on All Ords, FTSE, and Elliott Wave Prediction Coming True

By Dave McLachlan Click below for the latest Market Watch Video (if you can’t see the video, click the link above). UPDATE: A massive week this week guys!  The market has done exactly what we thought it would over the last few weeks, which is always nice.  This is because the All Ords, FTSE, and [...]

August 7, 2010  Tags: , , , , , , , , , , ,   Posted in: Market Watch Weekly  No Comments

Market Watch Weekly – William O’Neil Bear Market Rules on All Ords, Dow and FTSE

By Dave McLachlan Click below for the latest Market Watch Video (if you can’t see the video, click the link above). UPDATE: Hi guys – welcome back!  The market headed up after our short term entry signal last week.  This week we look at where it might stop in the future, and what to expect.  [...]

July 31, 2010  Tags: , , , , , , , , , ,   Posted in: Market Watch Weekly  No Comments

Market Watch Weekly – July 2010 – When Will The Correction End? Dow, FTSE, All Ords

By Dave McLachlan Click below for the latest Market Watch Video (if you can’t see the video, click the link above). UPDATE: Looking at yearly cycles and where we might find the actual low of the year – not that I try to pick bottoms or tops, but when we use it with trend lines [...]

July 11, 2010  Tags: , , , , , , , ,   Posted in: Market Watch Weekly  No Comments