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

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To: Doug R who wrote (21484)9/20/1998 11:32:00 AM
From: Magnatizer  Read Replies (1) of 79216
 
Doug

Dow trendline crossovers.

9/21/98: Not real excited about this one. One of the trendlines is not a magnet trendline, it is a traditional one. May still cause some volatility however. It is in the 7960 area

10/15 to 10/16 area: This one is very important. It is a crossover of the recent magnet downtrend with the magnet uptrend which has been giving the Dow support recently. It is the apex of the triangle which I have previously said I think the Dow is going into. 7620 area of intersection.

ht
david
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