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 (32252)	10/10/1999 8:49:00 PM
From: Magnatizer	Read Replies (1) of 79449

Market Magnets 10.11.99 geocities.com notes Dow: Interesting weekly sell signal. Reason so is the CCI (13) weekly put in a buy signal by crossing up through -150. Weekly chart pattern is a reversal up formation. Overall I will remain neutral on dow until my weekly indicators turn up. 2 out of 3 ain't bad for da bulls though. Nas: Weekly buy rating (weak). At the cup and handle top. Short term indicators very hot and prolly need to cool down before a breakout will hold. S&P 500: Weekly hold rating. CCI (13) weekly was set to break below -150 last week and it refused to buckle. Hammer bottom (weekly) confirmed. 1330 key number this week as its the dtrend connecting the head to the right shoulder on the weekly scale. Again, short term indicators very hot and resetting is in order. Nas 100: Weekly buy rating. Closed last week at the all time high. 2816 C&H target is in sight. Short term indicators...... R2K: Weekly hold rating. And to my great delight... The PHILADELPHIA EAGLES BEAT DEM COWGIRLS!!!!!!!!!!!!!!!!!! yeaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa ht david

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