Subj : Market Action
To   : All
From : Paul Rogers
Date : Fri Dec 03 2004 05:00 pm

Content-type: text/plain

This morning the market got off to a good start on Intel's announcement
yesterday, but it quickly died and sank back.  During the afternoon it
hugged the line about as tightly as possible.  In the end, it was up
just enough to notice, and volume was only +4% above average.

Note in the mini-charts below that the Oscillator has been flirting with
dropping into negative territory.  That is often a leading indicator.
Just stay conservative with your investing strategy.  Yes, December is
often the best month of the year.  That's got to be the worst reationale
for throwing caution to the win.

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

 _|__     __<_     __>_     _<__     __|_     ___>     11/29
 _<__     _<__     __>_     __<_     _|__     ___>     11/30
 ___|     _<__     __>_     __<_     __<_     ___>     12/01
 _|__     _<__     __>_     __|_     _<__     ___>     12/02
 __>_     _<__     __>_     __|_     _|__     ___|     12/03

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:  10/27/04 S&P:    1125
Winner or Loser:  tbd                   By:     tbd

See my market tracking charts for '02-'03 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, paulgrogers@yahoo.com                       -o)
http://www.angelfire.com/or/paulrogers                   /\\
Rogers' Second Law: Everything you do communicates.     _\_V

.... That was Zen, this is Tao.
___ MultiMail/MS-DOS v0.35
---
 * Origin: The Bare Bones BBS (1:105/360)

.