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

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To: Magnatizer who wrote (32877)12/4/1999 11:22:00 PM
From: Magnatizer  Read Replies (2) of 79223
 
Market Magnets 12.6.99

geocities.com

from the manonolife....

notes

Good breakouts last friday. Concern in the close being off the highs so far on a few indexes. Dual mag tline crosses this week on the Dow should give plenty of volatility in the coming 5-8 days for the old school stocks. According to last weeks V on the Dow that volatility should be in the upward direction.

R2K gave a bull cross on the MA/MLR 56er version last week. Dow is working on setting up the bull cross, I suppose a move to the upper 11k range ought to get the job done ;-)

ht
david
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