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

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To: Magnatizer who wrote (32668)11/21/1999 10:37:00 PM
From: Magnatizer  Read Replies (6) of 79214
 
Market Magnets 11.21.99

geocities.com

notes

SPX: Removed tline cross tlines from the market magnet spreadsheet. Was getting too busy. Not a whole lot to say after last week.

Nas and Nas 100: weekly cci (13) has turned down above 200 level. Likely to see some profit taking in the next 2-3 weeks. 3222 mag on nas comp not fully tested... 2612 on the nas 100 not fully tested. No time frame for return to finish the testing process but a good round o profit taking would likely find those areas near the bottom and ripe for long entry.

ht from the newly engaged
david
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