Subj : Market Action
To   : All
From : Paul Rogers
Date : Fri Dec 31 2004 04:10 pm

Content-type: text/plain

"That's a wrap!"  The final action was a little humorous.  Going into
the close prices staged a modest rally, but on no appreciable vlume.
Then in the last few moments it call came apart.  Volume spiked and
prices fell off a cliff.  Note: the cause and effect is in THAT order!

Enjoy your celebration, but not too much.  Don't try to contest the
streets with all the late night crazies and inebriates.

And finally, have NO EXPECTATIONS for the market next year.  Let it
prove itself.  We all know now, it goes UP and it goes DOWN!  There's no
arguing with it, that's just a good way to lose money.  Check out my
website (URL below) sometime late this weekend or early next week for my
charts and summary commentary.

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

 _|__     _>__     __|_     <___     _|__     ___|     12/27
 __|_     _|__     __|_     <___     __|_     ___|     12/28
 _|__     _|__     __|_     <___     __|_     ___|     12/29
 __|_     _|__     __|_     <___     __|_     ___|     12/30
 _|__     _|__     __|_     <___     __>_     ___|     12/31

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 '03-'04 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

.... "Modem," said the gardener when he'd finished the lawn.
___ MultiMail/MS-DOS v0.35

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 * Origin: The Bare Bones BBS (1:105/360)

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