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Strategies & Market Trends : The Market Beacons

SPY 688.98

+0.5%

Jan 22 4:00 PM EST

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To: robert b furman who wrote (50)	2/14/2001 9:36:47 AM
From: Magnatizer	Read Replies (1) of 1298

Bob I will follow the market magnet spreadsheet for downside support levels: magnatizer.terrashare.com Would be most bullish if the bottom stopped at 1300 area. The tri-magnet trendline bisect involves three important trendlines. It has very potential to mark THE bottom in the SP 500. I would very much like to see a down market into the cross. Nas 100: I try not to use standard trendlines. Many watch them and many get faked out around them (like me). I will follow the market magnet spreadsheet for downside supports and lean toward upper 2000-lower 2100s being strong support. ht Mag

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