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

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To: Magnatizer who wrote (32408)10/31/1999 8:23:00 PM
From: Magnatizer  Read Replies (1) of 79232
 
Market Magnets 11.1.99

geocities.com

notes

The IHS BOs on CCI (13) weekly for both dow and sp500.

SP500: Weekly buy rating. Did leave a gap Friday which is a concern for short term players but the move last week certainly looks real. My horns are back on.

Nasdaq: Weekly hold continues.

Dow30: Weekly hold rating.

Nas100: Weekly hold.

Russel2k: Weekly hold. Weekly hammer formed last week. Takes one bar (weekly) to confirm it as a bottom formation.

No weekly sells left. Also, new lows continues to improve. A few days under 30 would really get me LONG. A few gaps to fill on the cash indexes may pull market back for a few days.

ht
david
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