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| subject: | Market Action |
The DJIA got its bell rung this morning with the release of disappointing numbers for consumer confidence, new home sales, and Midwest manufacturing. It didn't recover, but the S&P got a boost from the NASDAQ and closed even. Volume fell some, to 22% below average. Well, half a day tomorrow I guess and we can call this one a wrap. I'll be working on my "Tracking the Market" web page, posting my charts for the past two years and recapping my analysis for the year. Price Vola- Momen- Volume Oscil- Summ. Change tility tum lator Index -__+ -__+ -__+ -__+ -__+ -__+ __>_ _|__ __>_ _|__ __|_ ___> 12/23 _|__ _|__ __>_ 12/24 __|_ _|__ __>_ 12/26 __>_ _>__ __>_ _ 12/29 __>_ _>__ __>_ 12/30 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 ... Shocking truth: 50% of Americans are below average. ___ MultiMail/MS-DOS v0.35 ---* Origin: The Bare Bones BBS (1:105/360) SEEN-BY: 633/267 270 @PATH: 105/360 106/2000 633/267 |
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