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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: bdog who wrote (22078)10/14/1998 8:42:00 PM
From: Magnatizer  Read Replies (2) of 79270
 
bdog

I can feel your pain. I took the poison pill prior to the last drop
to the twos. Now it is back above my exit point. who woulda
thought.

thread

Market Mags (rounded out for simplicity)
Monday Tues Wed Thursday
DOW 30 Close 7900 8002 7938 7969
day prior

Monday Friday
(if sloped)
7192 -708 -810 -746 -777
7340 -560 -662 -598 -629
7425 -475 -577 -513 -544
7458 -442 -544 -480 -511
7591 -309 -411 -347 -378
7598 7608 -302 -402 -336 -364
7678 7603 -222 -342 -298 -347
7724 -176 -278 -214 -245
7894 7793 -6 -133 -95 -151
7933 34 -69 -5 -36
8017 8035 118 20 88 62
8143 243 141 204 174
8352 453 351 414 383

Notes Mondays open was a gap over
short term downtrend


Nasdaq Close 1493 1546 1509 1541
day prior

Monday Friday
1175 1167 -318 -373 -339 -372
1196 1196 -297 -350 -314 -345
1395 1397 -98 -151 -114 -145
1451 1447 -42 -96 -61 -93
1478 -15 -68 -31 -63
1528 36 -18 19 -13
1550 58 4 41 9
1622 1608 129 72 105 70
1622 130 76 113 81
1694 202 148 185 153
1766 274 220 1766 225
1783 290 236 273 225
1846 354 300 337 337

SP500 Close 984 998 995 1006
day prior

Monday Friday
913 -71 -85 -82 -93
929 -55 -69 -66 -77
930 932 -55 -68 -64 -74
932 -52 -66 -63 -74
957 -27 -41 -38 -49
958 960 -26 -39 -36 -46
981 -3 -17 -14 -25
1000 987 16 -1 -1 -15
1005 998 21 6 7 -6
1006 21 8 11 0
1012 1015 28 15 19 9
1030 46 32 35 25
1032 1035 48 35 38 28
1042 57 44 47 36
1054 70 57 60 49
1079 95 81 84 73
1103 119 105 108 98
1128 143 130 133 122

ht
david
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