Subj : Market Action To : All From : Paul Rogers Date : Fri Dec 26 2003 04:42 pm

Again the market was "holiday light", if you'd call volume -72% below
average light.  Prices change in the face of that is pretty much
meaningless.  Next week will probably be much like this week.  If you
have some profits to take against losses, get to it!

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

 __>_      <___      __>_      _|__      __>_      ___|     12/22
 __>_      _|__      __>_      _|__      __|_      ___>     12/23
 __>_      _|__      __>_      _|__      __|_      ___>     12/23
 _|__      _|__      __>_      <___      __|_      ___>     12/24
 __|_      _|__      __>_      <___      __|_      ___>     12/26

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

                                                           
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