November 8, 2001
This is my daily short-term stock
trading diary. It is intended to illustrate the
techniques used in short-term share trading and should not
be interpreted as investment advice. Full terms and
conditions can be found at
The Dow closed at 9587, failing to break above the 9600
Are we in a Bear Rally?
Many analysts are predicting that, within the next few
months, stock prices will return to September lows.
The Bank of England and European Central Bank cut interest
rates by 0.5%. (more)
The All Ords regained some of yesterday's
losses but appears to be encountering resistance at around
National Australia Bank [NAB]
NAB reports a 36% drop in profits after write-downs in US
subsidiary, Homeside. (more)
tight and wait for the market to show
clear direction. The market is too uncertain for
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