From all of us at Incredible Charts,
We wish our readers peace and goodwill during the festive season
and prosperity in the year ahead.
Traders Diary will resume on January 2nd.
December 21, 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 50 points at 10035 on very high volume, the
The Nasdaq also showed uncertainty, closing up 1% after a 4%
Consumer confidence up
A University of Michigan survey shows consumer
confidence up more than 5% compared to November.
Australia - ASX
The All Ords closed up at 3314 on
strong volume, while the bearish signal on the MACD
Short-term: The Dow is still showing uncertainty and
the All Ords trend is showing weakness. Stay out of the
market until there is clarity. Tighten
up on stop
and avoid new entries.
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