November 23, 2001
This is my daily 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
The Dow closed up more than 1% at 9959 as sellers took a
"long weekend" after the Thursday holiday. The market closed
early, at 1 p.m., and the move took place on
extremely low volumes.
Oil prices fall as Russia fails comply with OPEC
requests to cut oil production. (more)
The All Ords is still trending upwards, closing at
Lower metal prices have reduced MIM's profits.
Due to the tremendous response from investors, we have
transferred to a more powerful server. Please alert us if you
encounter anything unusual. There are bound to be a few
teething problems but the move should solve the slow
registrations and logins encountered over the past week.
I don't read much into the rise on the Dow, so my approach
Tighten up stops
on existing long positions and avoid new entries.
Access the Trading Diary Archives.