Subj : Market Action To : All From : Paul Rogers Date : Tue Dec 30 2003 05:30 pm
The DJIA got its bell rung this morning with the release of
disappointing numbers for consumer confidence, new home sales, and
Midwest manufacturing. It didn't recover, but the S&P got a boost from
the NASDAQ and closed even. Volume fell some, to 22% below average.
Well, half a day tomorrow I guess and we can call this one a wrap.
I'll be working on my "Tracking the Market" web page, posting my charts
for the past two years and recapping my analysis for the year.
Price Vola- Momen- Volume Oscil- Summ.
Change tility tum lator Index
-__+ -__+ -__+ -__+ -__+ -__+
__>_ _|__ __>_ _|__ __|_ ___> 12/23
_|__ _|__ __>_ <___ __|_ ___> 12/24
__|_ _|__ __>_ <___ __|_ ___> 12/26
__>_ _>__ __>_ _<__ __|_ ___> 12/29
__>_ _>__ __>_ <___ __|_ ___> 12/30
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
.... Shocking truth: 50% of Americans are below average.
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* Origin: The Bare Bones BBS (1:105/360)
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