Subj : Market Action To : All From : Paul Rogers Date : Wed Sep 10 2003 07:10 pm


Guess we've got to give this one to the Bears.  My numbers call this a
Distribution day, when sellers took control of the market.  Volume
increased to +20% above average, and prices were more than half-way to
being significant just on their own movement.  I'm not prepared yet to
give them more than a couple days.

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

 __>_      _>__      __>_      __|_      ___>      ___>     09/04
 _>__      _>__      __>_      __>_      __|_      ___>     09/05
 __|_      _|__      __>_      __|_      ___|      ___>     09/08
 _|__      _|__      __>_      __|_      __<_      ___>     09/09
 _<__      _|__      __>_      __|_      __<_      ___>     09/10

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:  08/12/03 S&P:    990
Winner or Loser:  tbd                   By:     tbd

See my market tracking charts for '01-'02 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

.... Archeologist: one whose career lies in ruins. ___ MultiMail/MS-DOS v0.35 --- * Origin: The Bare Bones BBS (1:105/360) .