February 28, 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 made early gains but retreated in the
afternoon to close down at 10106 on strong volume.
The Nasdaq Composite index fell more than 1% to
close at 1731.
manufacturer warns of losses as high as $250 million in
Australia - ASX
The All Ords closed down at 3359 on strong volume. The MACD
and Slow Stochastic are still below their signal
Anaconda Nickel will be in default to
bond-holders after reporting a record first-half loss
of $457.5 million. (more)
circumstances, the travel group posted a 12% rise in
revenue and a 20% increase in half-year
Short-term: Avoid new entries until there are positive
signals from the MACD and Slow Stochastic.
Long-term: Wait for the US uncertainty to clear.
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