Subj : Market Action To : All From : Paul Rogers Date : Thu Jun 10 2004 07:18 pm


Today the market closed for the week and for President Reagan's funeral,
but it could barely manage a wiggle.  Investors weren't enthusiastic
either, volume fell to -17% below average and the average, the trend, is
falling rapidly.

I wouldn't be playing this rally anymore.  It looks like the party's
over.  For that matter, I wouldn't have played such a low volume rally
from the get-go anyway.

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

 __|_      _|__      __|_      <___      ___<      __>_     06/04
 ___>      __>_      __|_      _<__      ___|      __>_     06/07
 __>_      __>_      __|_      <___      ___|      __>_     06/08
 _>__      __>_      __|_      _<__      __|_      __>_     06/09
 __>_      __>_      __|_      _<__      __<_      __>_     06/10

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:  05/25/04 S&P:    1113
Winner or Loser:  tbd                   By:     tbd

See my market tracking charts for '02-'03 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 .... "A book, a friend, a song, a glass, a chaste loving lass" ___ MultiMail/MS-DOS v0.35 --- * Origin: The Bare Bones BBS (1:105/360) .