January 9, 2002
These extracts from my daily stock
trading diary are 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 has fallen again to 10094, on higher volume.
The up-trend is still intact.
The Nasdaq closed down 0.77% in a volatile day's trading.
4th Quarter earnings
The recovery isn't here yet. Investors still have to face
dismal 4th quarter earnings reports. (more)
Australia - ASX
The All Ords closed down at 3355 on stronger
volume. The 20-Day
is still in overbought territory.
Is PBL being set up for a sale? (more)
Weak international trading conditions
pull down earnings. (more)
Short-term: Let's see how low the correction goes. Poor US
performance may dampen local enthusiasm.
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