MONEY MANAGEMENT MODEL AVAILABLE FOR VIEWING --OUTLOOK BRIGHTENS

EQUITY ENVIRONMENT IMPROVING... The latest 2003 MurphyMorris Money Management Model Update can be viewed from the MurphyMorris.com home page by clicking in the yellow box on the top right of the page. One of the most important factors in our Model is the relative strength of the Nasdaq versus the NYSE Composite Index. Our "dominant market" measure favors the Nasdaq and it is improving. Our work suggests that the market does better when the Nasdaq is showing better relative strength --- as it is doing now. Many of our breadth measures are still negative, but are showing signs of improvement. Our Money Management update of last Monday (March 10) pointed out that "some of our sentiment indicators are now getting into extreme positions that have been associated with productive market bottoms". The final chart in the March 14 Model Update shows the Nasdaq moving up to challenge its 50-day moving average. The ability of the Nasdaq to climb above that line -- and stay there -- would be a positive indication for the intermediate term. [The Nasdaq is trading over that resistance line today].

PRESENTATION SLIDES ARE NOW AVAILABLE... The presentation slides that I used at the recent Florida Money Show and the New York Online Expo can be gotten to be clicking in the same yellow box on our home page. They're also available on the Stocharts.com home page. It's not as good as actually being at the show, but you may still find them informative. Some descriptive comments accompany the slides -- and much of the text is included right on the slides themselves. My next presentation will be at the Las Vegas Money Show during the week of May 13. Chip Anderson will also be demonstrating how to get the most from Stockcharts.com. More information on that show can be found at intershow.com