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 (31568)	8/14/1999 4:38:00 PM
From: Magnatizer	Read Replies (1) of 79237

Market magnets 8.16.99 geocities.com notes Dow: Fridays nice move pushed weekly indicators into buy status. I am really scratching my head on this one as the sell signal looked real solid. But... who am I to argue with Mr. Market. Nasdaq: Weekly sell in tact. SP500: Weekly sell in tact. Nas 100: Weekly hold now. Added Russell 2000 to the market magnets. The main reason it was not on before is the lowest mag I have for it is 422. If R2k gets below 422 again I do have some mag tlines but they are too sparce to be used for day to day action. Russell 2000: Weekly sell. CCI (13) weekly scale is near -150. Should be giving a nice mid to long term buy signal in the next 1-6 weeks. ht david

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