Subj : Market Action To : All From : Paul Rogers Date : Fri Apr 04 2003 04:59 pm


The Market was basically flat, has been basically flat since mid-morning
Wednesday.  Volume fell to -11% below average.  Both Buyers and Sellers
did what they had to do, but not much otherwise.

Now here's the question:  what does it say about this rally that
basically the Traders are willing to hold going into the weekend?  That
might not sound like much of an endorsement, but hey, consider what
we've seen in the past couple years!  After all, there is a war going
on and we haven't yet seen the weapons that the President used as the
justification.  Lots of the ancillaries, so there has to be something
somewhere.  Lots could happen over the next couple days!  So, maybe it's
more of an endorsement than it seems.

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

 _<__      __|_      _|__      __|_      __<_      __>_     03/31
 __<_      __|_      __|_      __|_      __|_      __>_     04/01
 __|_      __|_      __|_      __>_      __|_      __>_     04/02
 _>__      __|_      __|_      __>_      __|_      __>_     04/03
 __>_      __|_      __>_      _>__      __>_      __>_     04/04

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

.... Of Course I'm Sane. The Voices Said So.... ___ MultiMail/MS-DOS v0.35 --- * Origin: The Bare Bones BBS (1:105/360) .