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 (31676)	8/22/1999 5:17:00 PM
From: Magnatizer	Read Replies (1) of 79432

Market magnets 8.23.99 geocities.com notes Dow: Weekly buy rating held on. New tline was recovered... Very encouraging if one is bullish. Nasdaq: Weekly hold rating. 9.8.99 tline cross at 2438. Signs of weekly buy rating in the works... Looks good. SP500: Weekly sell rating. Could turn to buy with a move through the 50 MA. Nas 100: Weekly hold rating. Projected mag tline 2299 (monday) to 2314 (Friday) Russell2k: Weekly sell rating. Neutral zone still keeping it in place, need a decisive move away from it. overall I am seeing more choppiness until more of the Weekly ratings turn to hold/buy. ht david

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