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

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To: Doug R who wrote (35411)5/9/2000 9:01:00 AM
From: Magnatizer  Read Replies (1) of 79237
 
Doug

Money managers are too predictable... Message 13550109

I went through the indicators you are watching and have one question: My CCI 233 (equis) does not have a series of highs you refer to. What dates are the highs on yours?

The most frightening occurance in the market to me is the 4.26 tline cross marking the recent top. The 97 line crossing 80s lines can make for some nasty downside action... geocities.com (The arrows on this chart may be a wee bit off. I get frustrated with aligning the trendlines so they are in correct position (metastock software glitch) and it looks like I forgot to put the double check on the arrows... They are not off by more then 3-5 days and the general idea is still evident)

1100? wow. I was thinking 1300 will contain a drop. I do have a neutral zone at 1116 which would be a likely target were 1300 to fail.

ht
Mag
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