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 (32356)	10/24/1999 8:56:00 PM
From: Magnatizer	Read Replies (1) of 79243

Market Magnets 10.25.99 geocities.com notes SP500: Broke through key resistance last week. Weekly rating still sell and the attempted rally continuation late friday was easily stopped. Going to play it safe for next few days with short term plays only. Still seeing more downside, especially if 1311 and 1312 key tlines hold. One other note I must make is the R2K is set to give its third magnet signal since early september. This is a high concentration of signals in such a short time span. I have nothing to compare this to so I will just call it abnormal with no bias. Dow: formed a IHS and bo last week on CCI (13) weekly... Warning shot to those looking for correction/bear like me. ht david

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