Subj : Market Action To : All From : Paul Rogers Date : Fri Jun 06 2003 06:21 pm

Remember "The Greatest Generation" today.

"I've got a bad feeling about this."  Once again prices were about flat,
down just a couple points, but volume was way up, +23% above average.
Somebody's taking profits!  Right off the bat this morning prices ran up
and got over 1,000, but that realization frightened some investors.  I
know the Street is going to ballyhoo the rising prices the past several
weeks, but this is pretty risky.

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

 __>_      _>__      __|_      __>_      __|_      ___>     06/02
 __>_      _>__      __|_      _>__      __|_      ___>     06/03
 __>_      _>__      ___>      __>_      ___>      ___>     06/04
 __>_      _>__      ___>      __>_      ___|      ___>     06/05
 _>__      _>__      __>_      ___>      ___|      ___>     06/06

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

                                                    
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