Subj : Market Action To : All From : Paul Rogers Date : Mon Mar 15 2004 05:49 pm


Today I was driving on TVH next to a black Porsche Boxter, license plate
"DJIA UP".  Not today.  Prices fell significantly, and volume increased
from -5% below average on Friday's rally, to +4% today.  I want to see
+10% above average before I call it a "Distribution" day.  Still, there
was no good news for the Bulls today.

"Don't try to catch a falling knife," I have no idea where this stops.
"It ain't over till it's over."

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

 _<__      <___      __|_      _<__      _|__      ___|     03/09
 <___      |___      _|__      __<_      _<__      ___|     03/10
 <___      _>__      _|__      ___|      <___      ___|     03/11
 __<_      _>__      _|__      _|__      _<__      ___|     03/12
 <___      __>_      _|__      __<_      <___      ___<     03/15

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: SELL       Date:  03/10/04 S&P:    1124
Winner or Loser:  Winner!               By:     72

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

Paul Rogers, paul.rogers@angelfire.com -o) http://www.angelfire.com/or/paulrogers /\\ Rogers' Second Law: Everything you do communicates. _\_V .... This door is baroque; please call Bach later ___ MultiMail/MS-DOS v0.35 --- * Origin: The Bare Bones BBS (1:105/360) .