Subj : Market Action To : All From : Paul Rogers Date : Tue Apr 01 2003 06:14 pm 

My Timing Signal reversed itself today.  So is the answer to wait a day
or two after a signal to see if it holds up?

No, the answer isn't a more complicated signal!  The answer is to
recognize that what you're asking for is impossible--a predictor of the
future.  By and large, I think we'd have to call the people who want a
Timing Signal speculators, not investors.

Now, there's nothing wrong with being a speculator or trader if that's
your style.  But if you are, you're in touch with Market movements all
the time--you don't need a signal.  I think the worst thing we can do as
investors is allow ourselves to become confused about our investing
style and the strategies and tactics which are effective for that style.

I recommend studying and refining your strategies and tactics, but don't
allow yourself become subject to self-doubt, and swayed by every passing
breeze down Wall Street.

Price     Vola-     Momen-    Volume    Oscil-    Summ.
Change    tility    tum                 lator     Index
 -__+      -__+      -__+      -__+      -__+      -__+

 _<__      __>_      __|_      _|__      __<_      __>_     03/27
 _<__      __>_      __|_      _|__      __<_      __>_     03/27
 _<__      __>_      __|_      _|__      __|_      __>_     03/28
 _<__      __|_      _|__      __|_      __<_      __>_     03/31
 __<_      __|_      __|_      __|_      __|_      __>_     04/01

Timing Signals:  I don't use or recommend timing signals, but they're
fun to watch.  If I did though, well, I might use something like this.
(Be warned!!  It tends to whipsaw around signal points!)

Last Signal: BUY        Date:  04/01/03 S&P:    858
Winner or Loser:  tbd                   By:     tbd

See my market tracking charts for '01-'02 and my investment strategy
study at my website(s):
http://www.xprt.net/~pgrogers/Pers.html
http://www.angelfire.com/or/paulrogers/Pers.html
http://www.geocities.com/paulgrogers/Pers.html
.... No opportunity is lost; someone else takes it. ___ MultiMail/MS-DOS v0.35 --- * Origin: The Bare Bones BBS (1:105/360) .