The newsletter over the holiday season will cover fewer stocks
as we take a break from the pressures of the market.
December 09, 2002
The primary trend is still down. It will reverse up if the average rises above 9130.
The Nasdaq Composite lost 3.9% to close at 1367.
The primary trend is up.
The S&P 500 fell 20 points to close at 892.
The primary trend will complete a double bottom reversal if it rises above 965.
The Chartcraft NYSE Bullish % Indicator signals a bull alert at 50% (December 06).
President Bush appoints railroad CEO John Snow to replace Treasury Secretary Paul O'Neill. (more)
New York: Spot gold gained 10 cents to $US 326.00.
The primary trend will reverse (up) if the index rises above 3150.
MACD (26,12,9) has crossed to below its signal line; Slow Stochastic (20,3,3) is below; and Twiggs money flow is falling.
For further guidance see Understanding the Trading Diary.
- Richard Bach