The 56 Point TA; Charts With an Attitude Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Magnatizer who wrote (37684)	12/6/2000 4:20:50 AM
From: Doug R	Read Replies (2) of 79169

From: geocities.com To: geocities.com It's been inspiring to say the least. First the break of a 10 yr long uptrend on the S&P 610 dCCI presaged more than just a correction or "usual" pullback. Then the Magnet roadmap worked itself into a position where price finned directly into a trendline apex with positive divergence well established on the 4,3,2 sto. Monday gaps up...followed by a continuation gap on Tuesday's open...and WHAM! Normally, Magnet trendline intersections do NOT occur at the same level as the actual price of that which is being considered. At those intersections, the clashing of Magnet related supply/demand dynamics affect price even when price and the intersection values differ by a large percent. But this time the S&P price went right into the nexus of polarization. When the two poles met...price had no choice but to react as if propelled by the energy of both poles combined...as if 2 magnets found themselves together...at opposite poles. Awesome stuff. "Magnets"...heheheh...perfect name. Doug R

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next