Subj : Market Action
To   : All
From : Paul Rogers
Date : Wed Apr 06 2005 06:50 pm

Content-type: text/plain

It wasn't a bad day until after lunch.  It was another of those "whale-
back" days.  Many of the morning's gains were slowly given up through
the afternoon.  Prices closed up very modestly.  But there was little
sign of enthusiasm, volume sank to only +2% above average.

The SEC took action to require your broker to fill your orders at
whatever exchange gives you the best price, by a vote of 3-2.  The two
Republican commissioners voted against.  They called it anticompetitive
for your orders to go wherever it's to your best advantage.  Seems for
"big-board" stocks the NYSE usually DOES have the best trades.  Maybe
you'd rather pay more and get less though, so your broker can use the
exchange it prefers.  Call me suspicious but I'd wonder about brokers
incentive to use a preferred exchange.

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

 _>__     __>_     _|__     ___>     _>__     __<_     03/31
 _>__     __>_     _|__     ___>     _>__     __<_     04/01
 __>_     __<_     _|__     ___>     _>__     __<_     04/04
 __|_     __<_     _|__     __>_     _>__     __<_     04/05
 __>_     __<_     _|__     __>_     __>_     __<_     04/06

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:  03/15/05 S&P:    1198
Winner or Loser:  Loser                 By:     -9

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

.... It's as bad as you think and they are out to get you.
___ MultiMail/MS-DOS v0.35

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

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