Trading Diary
January 25, 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 rallied to close at 9840 on light volume while the Nasdaq 100 sank slightly, closing at 1558.
Former vice-chairman, Cliff Baxter, found dead with a suicide note. (more)
Australia - ASX
The All Ords encountered more selling pressure as it closed up at 3383. The fatter bar on the equivolume chart indicates higher volume.

BHP to benefit from its South African operations - the depreciating rand has lowered costs of production and the dollar-value of rand-denominated debt. (more)

Short-term: The MACD and MACD Histogram have still not given a buy signal.
Long-term trades: Wait for a correction on the secondary cycle.
Colin Twiggs
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