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
The Dow closed up slightly at 9730 on
reasonable volume - another
inside day above the 9650 -
9700 support level showing that buyers and sellers are
uncertain about the direction of the market. The
Nasdaq 100 also posted an inside day, rising 3%, but the
Signs of improving demand in the
semiconductor field but the big money stays out of the
AOL Time Warner
AOL has to convert more subscribers to
broadband and penetrate the European market in order
to sustain its growth. (more)
Australia - ASX
More uncertainty as the All Ords closed
almost unchanged at 3364 on strong volume.
star candlestick parttern is a mild reversal
No more rate
December quarter inflation at 0.9% is
almost double market expectations, making further rate
cuts unlikely and sending bond yields
Short-term: Wait for the MACD or MACD Histogram to signal
an entry point.
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