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Nothing happened.  Prices fluctuated little all day, closed up just a
cent.  Volume fell to -14% below average.  What else can I say, but
"nothing happened".

Oh, alright, today's volume was basically consistent with last fall &
winter's volume.  The -14% is a measure of how the couple weeks of high
volume has pulled the moving average higher.  But I wonder if reveals
antyhing about the Street's psychology.  I've been thinking that the
Street was bailing out--taking lower prices to unload LOTS of stock.  If
that were true, would they then stand aside and wait for whatever it was
they anticipated?  All I can say is about 20% of my IRA is in cash
equivalents, and I'm not at all anxious to lay any bets.  'Nuf said?

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

 __|_     ___     _>__     __<_     04/05
 __>_     ___     __>_     __<_     04/06
 __>_     __     __>_     __<_     04/07
 _>__     __     __>_     __<_     04/08
 __|_     ___     _|__     __|_     04/11

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:  04/08/05 S&P:    1181
Winner or Loser:  loser                 By:     -10

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.angelfire.com/or/paulrogers/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

... 90% of the time I'm right, why worry about the other 3%?
___ MultiMail/MS-DOS v0.35

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