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 (32028)	9/19/1999 8:30:00 PM
From: Magnatizer	Read Replies (1) of 79460

Market Magnets 9.20.99 geocities.com notes: Dow: Weekly sell rating. Nas: Weekly buy rating. 2920 mid tine on key weekly pitchfork uptrend. SP500: Weekly sell rating. 1315 key number Monday as it is a pitchfork tline cross area and its the value of the experimental dtrend. 1357 is mondays major dtrend overhead. Nas100: Weekly buy rating. R2K: Weekly hold/sell rating. Tline cross at 435 Friday. Overall seeing the divergence continue between nas and rest of market. 4.3.2 IHS (sloppy ones) are forming right shoulders on Nas100, Nas and SP500. Dow is more of a double bottom situation. Continue to feel somewhat bearish for the coming 6 weeks. Hoping of a nice little rally to step into a solid short position. ht david

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