Trading Diary
January 11, 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 Terms of Use .

The Dow dipped to 9987 on reasonable volume, with the MACD completing a bearish triple divergence.
The data storage specialists make an attractive takeover target for IBM. (more)
Economy at half throttle
The US economy will remain at half throttle until spare manufacturing capacity is taken up and corporates resume capital spending. (more)
Australia - ASX
The All Ords closed up at 3360 on lighter volume, continuing to trade within the 3350 - 3390 range.

Westfield [WSF]
Westfield's bid for control of Rodamco North America encounters further snags. (more)
Anglogold extends its offer. (more)

Short-term: Wait for the current uncertainty to clear.
Long-term trades: Wait for a correction on the secondary cycle.
Colin Twiggs
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