Content-type: text/plain; charset="us-ascii"

Even though there was trading around the world between yesterday's close
and this morning's open, prices seemed to pick up where they left off.
They coasted higher for a while but rolled over during the morning and
it was downhill from there.  Prices closed down 6pts, only half the
change which would arouse my attention.  Volume fell to -8% below
average.  The change caused my timing signal to reverse yet again.

That's OK.  I didn't believe yesterday's Buy signal.  We've cracked the
50-day Moving Average, so let's see if we find some support down around
1245-1250.

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

 __     __|_     _>__     _<__     ___|     03/03
 _<__     __|_     __|_     _<__     _<__     ___|     03/06
 _<__     _|__     _|__     _<__     <___     ___|     03/07
 __<_     _<__     __|_     __<_     <___     ___|     03/08
 _<__     _<__     _|__     _<__     <___     ___<     03/09

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:  03/09/06 S&P:    1272
Winner or Loser:  loser                 By:     -6

See my market tracking charts for '04-'05 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{at}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

---