Subj : Market Action
To   : All
From : Paul Rogers
Date : Mon Dec 20 2004 03:52 pm

Content-type: text/plain

Forgive the shortness of my commentary and any typos today, and for a
few weeks to come--this weelend someone slammed a car door on my
finger-tip, doing significant damage, and I have this big banfage and
aluminum splint getting in the way.  This one-handed keuboarding is
tough.

Today the market jumped at the open, reputedly on hopes of a Santa Claus
rally, but quickly turned tail and slumped back to yesterday's close by
earlt afternoon, where it dribbled along the line until closing.  Volume
was -1% below average, so there was no great enthusiasm to the day.
Just as well.  Don't risk more than you can lose anticipating something
the market SHOULD do!  When too many investors do that the Street finds
ways to disappoint them, making them pay for the lesson.

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

 __>_     >___     __|_     __|_     __>_     ___<     12/14
 __>_     _>__     __|_     __|_     __>_     ___<     12/15
 _>__     _>__     __|_     ___|     __>_     ___<     12/16
 _<__     _>__     __|_     ___|     __|_     ___<     12/17
 __<_     _|__     __|_     _|__     _<__     ___|     12/20

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

.... This door is baroque; please call Bach later
___ MultiMail/MS-DOS v0.35
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 * Origin: The Bare Bones BBS (1:105/360)

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