December 13, 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
The Dow was down more than 1% and the Nasdaq more than 3%,
an hour before the close. We still have an up-trend but
there are signs of weakness, including a
Lucent Technologies suffers a setback. (more)
November retail sales drop
Australia - ASX
The All Ords closed down at 3259, again
below its 21-day moving average. Note the
, signaling a reversal.
Health & Biotechnology
The Health and Biotechnology index is also showing weakness.
Short-term: The market is showing weakness. Tighten up
and exit on strong reversal signals.
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