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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Magnatizer who wrote (32393)10/27/1999 9:06:00 PM
From: Magnatizer  Read Replies (1) of 79237
 
Market magnets 10.28.99

geocities.com

notes

BOINGGGGGGGGG

well, quite a afternoon we had. Not sure if it was mainly short covering or not. NYSE new lows improved today but still sniffed at bearish level (I like 262+ as bearish and below 30 as bullish). Not convinced todays move means we are out of the woods but the refusal to buckle today is a warning shot to the bears.

ht
david
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