Subj : Market Action
To   : All
From : Paul Rogers
Date : Thu Feb 03 2005 05:05 pm

Content-type: text/plain

Both the OTC & DJIA were underwater all day, thus so was the S&P.
However, volume slid again, to -8% below average.  The "culprit" was
signs of weakness--earnings reports below consensus expectations and
worse than expected economic data.  What a surprize!  Somebody once
said, "Believing the enemy's propaganda is dangerous, believing your
own is fatal."  I guess some on the Street have been doing that.

To be a good investor you have to be able to "think outside the box."
But that's probably deadly for politicians as well.  I know how to
extend Social Security for years--but don't be surprized if you've
never heard this before.

There's no shortage of workers.  There are thousands of people every
year who are willing to risk death in the Arizona, Texas, New Mexico
deserts, some dying, to come and work in this country "under the radar".
Just put ads in the Mexican papers telling them to come to a regular
crossing point with their papers, hand them a green card and a Social
Security card and start collecting their Social Security and Income
taxes.  "Sputter, sputter, We can't do THAT!"  Sure we can.  My father
was an illegal alien for years, working in this country in domestic
service.  While he was Basil Rathbone's (Sherlock Holmes) butler, Brit
David Niven gave him some some cues about getting legal immigrant
status.

Chances of the Administration or the Congresscritters considering an
original idea, about nil.

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

 _>__     _<__     _<__     __>_     _>__     ___|     01/28
 __>_     _<__     _|__     ___|     __>_     ___|     01/31
 __>_     _<__     __|_     __|_     __>_     ___|     02/01
 __>_     _<__     __|_     __|_     __>_     ___|     02/02
 _>__     _<__     __|_     __|_     __>_     ___|     02/03

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:  02/01/05 S&P:    1189
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

.... You CAN GET better help- but it costs more!
___ MultiMail/MS-DOS v0.35

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

.