Subj : Market Action
To   : All
From : Paul Rogers
Date : Wed Jul 27 2005 05:38 pm

Content-type: text/plain

Prices bounced along modestly above the line today.  The up's weren't up
much and they rapidly corrected back to just above yesterday's close.
So at the close prices were up very modestly.  Volume increased modestly,
to +4% above average.

So if yesterday's action was yucky, today's wasn't all that much better.
Not really.  Until I see improvement in the Oscillator, that is, the
Advance-Decline of the whole NYSE begins to show consistent increases,
we shouldn't be looking for much.

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

 __|_     __>_     __|_     __>_     __|_     ___>     07/20
 _|__     __>_     __|_     __>_     _|__     ___|     07/21
 __>_     __>_     __|_     _>__     __|_     ___|     07/22
 _<__     __>_     __|_     _>__     _<__     ___|     07/25
 __<_     __|_     __|_     __>_     _<__     ___|     07/26

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:  07/01/05 S&P:    1194
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.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

.... HOME: N, 1. where the computer is plugged in.
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