Subj : Market Action To : All From : Paul Rogers Date : Tue Jun 03 2003 06:45 pm
Today's action was certainly nothing to get excited about. Prices up
only a few points, volume down -3% below average. Headlines linked the
fact that it recovered from a morning slide to Greenspan saying the
economy is recovering, albeit modestly.
Well, we have the end of Q2 facing us. Let's see what we get in the way
of a "confession season" from companies who aren't going to meet
expectations. Then there are the actual announcements. But summer is
generally a tough season for the Market.
Price Vola- Momen- Volume Oscil- Summ.
Change tility tum lator Index
-__+ -__+ -__+ -__+ -__+ -__+
__>_ |___ __|_ __>_ __>_ ___| 05/28
_>__ |___ __|_ __>_ __|_ ___| 05/29
__>_ >___ __|_ __>_ __|_ ___| 05/30
__>_ _>__ __|_ __>_ __|_ ___> 06/02
__>_ _>__ __|_ _>__ __|_ ___> 06/03
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
.... Pay no attention to the man behind the curtain
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* Origin: The Bare Bones BBS (1:105/360)
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