Subj : Market Action To : All From : Paul Rogers Date : Wed Dec 10 2003 04:55 pm


Today's action continued the general market weakness, with the Small-Cap
stocks being hit hardest.  Volume was up +7% above average again.  Not
particularly encouraging action.

Today I saw a news story about Tyco shipping most of the jobs from a
local plant to Mexico, under the premise they need to be a more
efficient company.  And I saw one that UPS' CEO released a report on
company sustainability.  Sustainability is certainly an open question in
this "race for the bottom" environment.

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

 __|_      >___      __|_      __|_      __|_      ___>     12/04
 _<__      >___      __|_      _<__      _<__      ___>     12/05
 __|_      >___      __|_      _<__      __|_      ___>     12/08
 _|__      |___      __|_      __<_      _|__      ___>     12/09
 _<__      |___      __|_      __<_      _<__      ___>     12/10

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:  11/24/03 S&P:    1052
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

.... Archeologist: one whose career lies in ruins. ___ MultiMail/MS-DOS v0.35 --- * Origin: The Bare Bones BBS (1:105/360) .