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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: Magnatizer who wrote (22329)10/25/1998 3:52:00 PM
From: Doug R  Read Replies (2) of 79214
 
David,

There's a good chance that the S&P will find it's next test down at the 1000 level this week. Some more recent trend lines come into play on Wed.
From Tue. to Thur. will probably be a good time to make some short money.

Lows on 7/16/96 and 4/14/97
Highs on 7/20/98 and 8/20/98

These two lines intersect at the conspicuously psychological figure of 1K.

Doug R
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