Subj : Market Action To : All From : Paul Rogers Date : Fri Dec 12 2003 05:43 pm
I got a glimpse of the NYSE chart today. It gradually worked its way
higher, but again without notable enthusiasm. Volume was down to -7%
below average. The S&P500 finished only marginally higher. It's right
up to this new overhead resistance line.
Price Vola- Momen- Volume Oscil- Summ.
Change tility tum lator Index
-__+ -__+ -__+ -__+ -__+ -__+
__|_ >___ __|_ _<__ __|_ ___> 12/08
_|__ |___ __|_ __<_ _|__ ___> 12/09
_<__ |___ __|_ __<_ _<__ ___> 12/10
__|_ _|__ __|_ __<_ __|_ ___> 12/11
__>_ _>__ __|_ _<__ __|_ ___| 12/12
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
.... NOBODY expects the Spanish Inquisition!
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* Origin: The Bare Bones BBS (1:105/360)
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