Subj : Market Action To : All From : Paul Rogers Date : Thu Apr 24 2003 08:52 pm
In the past 6-weeks we've gone from 801 to 919, as of yesterday. That's
a 15% profit, assuming your timing was perfect. I wasn't in the Market,
but some on the Street were. Wouldn't you be tempted to take SOME money
off the table? How many profits do YOU have in the last few years?
Well, I wouldn't take ALL my money off the table, prices and volume fell
together today. That's Bullish, so I'd say the rally continues. Still,
I know a correction is coming one of these days.
Price Vola- Momen- Volume Oscil- Summ.
Change tility tum lator Index
-__+ -__+ -__+ -__+ -__+ -__+
__>_ >___ __|_ _>__ ___> ___> 04/17
_|__ |___ __|_ _|__ __|_ ___> 04/21
__>_ >___ __|_ __|_ ___| ___> 04/22
__>_ _>__ __|_ __|_ ___> ___> 04/23
_>__ _>__ __|_ __|_ __|_ ___> 04/24
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
.... Mmmmm! A problem with grammar have I, yes! X Yoda
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* Origin: The Bare Bones BBS (1:105/360)
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