Home Site Map About Us Privacy Policy Advertise (pdf) Contact Us
 
 
sitesearch
 

 

Trading Diary
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 at Terms of Use .




USA
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 Slow Stochastic is still in overbought territory.
 

 
PBL [PBL]
Is PBL being set up for a sale? (more)
 
Computershare
Weak international trading conditions pull down earnings. (more)
 




Conclusion
Short-term: Let's see how low the correction goes. Poor US performance may dampen local enthusiasm.
Long-term trades: Wait for a correction on the secondary cycle.
 
Colin Twiggs
 
 
Please forward this to your friends and colleagues.
To be included on our mailing list, reply to this Email adding MAIL ME to the subject title. All details submitted are protected by our Privacy Policy.
 
Back Issues
Click here to access the Trading Diary Archives.
 


Perfect Your Market Timing
Learn how to manage your market risk.





The weekly Trading Diary offers fundamental analysis of the
economy and technical analysis of major market indices,
gold, crude oil and forex.
The monthly What's New newsletter covers new articles
on Trading and the Economy, as well as new software updates.




Back Issues
Access the Trading Diary Archives.





 
Top of Page