January 15, 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 closed up slightly at 9924 on an
. The Nasdaq 100 also
steadied, closing up 0.5%.
Intel beats estimates
Intel reports fourth quarter revenue and earnings above
analysts estimates. (more)
Australia - ASX
Sellers have still not overcome buying support at around 3350 -
the All Ords closed at 3349 after trading lower for most of the
Consumer confidence soars
A market survey in Australia records the highest consumer
confidence levels in four years. (more)
AngloGold forced to confirm that it will not raise its'
Placing a stop-loss at just below $1.80 may help to
lock in profits but, if there is a correction, beware
of getting caught in the rush for the exits.
Short-term: Wait for the market to show clear direction.
Thought for the day: "It takes a wise man to sell in a
boom. Any fool can sell in a recession." V.J. Naipaul
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