February 4, 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
The Dow fell by more than 2% to 9687 on strong volume,
while the Nasdaq 100 continued its down-trend,
closing down more than 3% at 1479.
The communications company
has been hit by market concerns over
Australia - ASX
The All Ords is again close to a new High, closing at
3406 on reasonable volume. The 20-Day Slow Stochastic is
still below its signal line.
The latest ANZ survey shows a surge
in job advertising. (more)
Health stocks a bit
CSL, Cochlear and ResMed have all
fallen off recent highs. (more)
Short-term: Avoid new trades until the 20-Day Slow
Stochastic crosses above its signal line.
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