Subj : Market Action To : All From : Paul Rogers Date : Tue Feb 24 2004 07:46 pm


Not much different to say about today's action.  It still looks like a
correction is beginning.  Prices closed modestly lower on higher volume,
though still slightly below average.  Average volume has peaked as a
result of January's enthusiasm, and is now sharply retreating.  If the
correction I've been calling for over the past few weeks comes around,
it certainly can't be said that it wasn't telegraphed ahead.

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

 _|__      _|__      __|_      _>__      _|__      ___|     02/18
 _|__      _|__      __|_      _|__      _|__      ___|     02/19
 _|__      _|__      __|_      _|__      _|__      ___|     02/20
 _<__      _|__      __|_      _<__      <___      ___<     02/23
 _<__      _|__      __|_      _<__      <___      ___<     02/24

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:  11/24/03 S&P:    1052
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

Paul Rogers, paul.rogers@angelfire.com -o) http://www.angelfire.com/or/paulrogers /\\ Rogers' Second Law: Everything you do communicates. _\_V .... I'm a lot more like I am now than I was before I started! ___ MultiMail/MS-DOS v0.35 --- * Origin: The Bare Bones BBS (1:105/360) .