Trading Diary
November 20, 2001

This is my daily 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 .

The Dow retreated to close at 9898 after encountering selling pressure near the 10000 resistance level. We may see a pull-back in the week ahead, testing support levels.
Good signs for recovery
Even if there is a correction, the strength of the current rally is a good sign for a recovery next year. (more)
Australia  (ASX)
The All Ords closed up at 3288, on reasonable volume. The up-trend on the secondary cycle is still intact, as evidenced by the signal on the detrended price oscillator.

Anglo may add cash
AngloGold may add a cash component to its offer for Normandy. (more)

The Dow is showing weakness. Return to the sidelines and wait for conditions to improve.
Colin Twiggs
  • Please forward this to your friends or colleagues.
  • To be included on our mailing list, reply to this Email adding MAIL ME to the subject title. All details submitted are protected by our Privacy Policy.
Back Issues
Click here to access the Trading Diary Archives.

Back Issues
Access the Trading Diary Archives.