The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Magnatizer who wrote (30156)	6/8/1999 9:44:00 PM
From: Magnatizer	Read Replies (1) of 79227

Market Magnets 6.9.99 notes Rule #1: Don't let me make those projections again! Dow: Weekly hold with close here Friday. Nasdaq: Weekly sell with close here Friday. New tline cross dtrend formed today. 2536 dtrend. It will help provide a good short term (1-2 week) outlook depending upon how the nas reacts when it is tested. SP500: Weekly hold with close here Friday. Nas 100: Weekly sell with close here Friday. Mond Tues Wed Thurs Fri DOW 30 Close 10800 10909 10766 day prior Monday Friday (if sloped) 9825 9846 -975 -1079 -931 9841 9846 Top of Set of Three 9905 -895 -1004 -861 9905 9905 Neutral zone 10158 -642 -751 -608 10158 10158 Quarter zone 10411 -389 -498 -355 10411 10411 Weak 10536 10572 -264 -364 -212 10563 10572 Not Mag but very key 10679 -121 -230 -87 10679 10679 Neutral zone 10947 147 38 181 10947 10947 Regular 11004 11072 204 112 272 11055 11072 Newest mag tline 11239 439 330 473 11239 11239 Weak Nasdaq Close 2478 2524 2475 Next mag tline cross: day prior 6.8.99 Monday Friday 2055 -423 -469 -420 2055 2055 Strong 2198 -280 -326 -277 2198 2198 Weak 2306 2295 -172 -221 -175 2298 2295 2300 2308 -178 -222 -171 2306 2308 2316 -162 -208 -159 2316 2316 Neutral zone 2346 2343 -132 -179 -131 2344 2343 12.23.94 to 10.20.95 2434 -44 -90 -41 2434 2434 Weak 2476 2480 -2 -47 3 2479 2480 2497 19 -27 22 2497 2497 Regular 2536 2529 58 10 58 2531 2529 5.21.99 to 6.8.99 2627 2641 149 107 159 2638 2641 1.14.99 to 3.16.99 2654 2661 176 132 183 2659 2661 8.2.96 to 11.8.96 2655 177 131 180 2655 2655 Quarter zone 2853 2881 375 336 392 2874 2881 2812 334 288 337 2812 2812 Regular 2970 492 446 495 2970 2970 Quarter zone SP500 Close 1328 1335 1317 day prior Monday Friday 1162 -166 -173 -155 1162 1162 Neutral zone 1208 -120 -127 -109 1208 1208 Quarter zone 1209 1210 -119 -126 -108 1210 1210 1263 1264 -65 -72 -54 1264 1264 85 Line 1282 1283 -46 -53 -35 1283 1283 8.1.84 to 10.19.84 1289 1276 -39 -49 -35 1279 1276 5.10.99 to 6.1.99 1300 -28 -35 -17 1300 1300 Regular 1330 1333 2 -4 15 1332 1333 9.18.97 to 6.24.98 1345 1347 17 11 29 1347 1347 1350 1351 22 15 34 1351 1351 86 Line 1389 1396 61 56 76 1394 1396 1437 1438 109 102 121 1438 1438 1447 119 112 130 1447 1447 Quarter zone 1446 1455 118 113 134 1453 1455 1593 265 258 276 1593 1593 Neutral zone NDX Close 2109 2153 2087 day prior Monday Friday 1888 -221 -265 -199 1888 1888 Quarter zone 1975 -134 -178 -112 1975 1975 Strong 2030 -79 -123 -57 2030 2030 Neutral zone 2084 -25 -69 -3 2084 2084 Regular 2177 68 24 90 2177 2177 Quarter zone 2269 160 116 182 2269 2269 Neutral zone 2335 2356 226 187 259 2351 2356 2362 253 209 275 2362 2362 Quarter zone 2454 345 301 367 2454 2454 Regular ht david

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