Trading Diary
November 14, 2001

This is my daily short-term stock trading diary. It is 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 Terms of Use .




USA
The Dow has continued its' up-trend, rising to 9823 on strong volume.
 
Retail Sales
No interest loans on new car purchases helped to boost October Retail sales by 7%. (more)
 
Australia  (ASX)
After the strong gains in the US, the All Ords rose by more than 1% to close at 3267. Note the high-risk entry signal (close to the zero line) on the Detrended Price Oscillator.
 

 
 




Conclusion
Short-term trades: take high-risk entry points on buy signals in selected stocks, provided that stop losses can be placed within the 2% maximum acceptable loss.
Long-term trades: Wait for a pull-back on the secondary cycle.
 
Colin Twiggs
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