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

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To: Magnatizer who wrote (22906)11/13/1998 12:29:00 AM
From: Magnatizer  Read Replies (2) of 79263
 
Market magnets 11.13.98

Notes. support was found and held today on all three indexes. Feel
we are going to go flat into next Tuesday. As long as the dow stays
above 8770 the trendline crossover happening next Wed ought to add to
the fireworks if we get the .25 or better rate cut

Mond Tues Wed Thurs Fri
DOW 30 Close 8976 8898 8864 8824 8830
day prior

Monday Friday
(if sloped)
7933 -1043 -965 -931 -891 -897
8105 8124 -871 -788 -750 -705 -706
8143 -834 -756 -722 -682 -688
8352 -624 -546 -512 -472 -478
8561 -415 -337 -303 -263 -269
8770 -206 -128 -94 -54 -60
8895 8917 -81 3 42 88 87
8923 8941 -53 30 68 113 111
8980 4 82 116 156 150
9037 9060 61 145 185 230 230
9254 9295 278 366 411 461 465
9398 422 500 534 574 568

Nasdaq Close 1857 1861 1866 1862 1851
day prior

Monday Friday
1405 1407 -452 -456 -460 -456 -444
1434 1430 -423 -428 -434 -431 -421
1478 -379 -383 -388 -384 -373
1528 -329 -333 -338 -334 -323
1550 -307 -311 -316 -312 -301
1561 1548 -296 -303 -312 -311 -303
1606 1599 -251 -257 -264 -261 -252
1622 -235 -239 -244 -240 -229
1609 1588 -248 -257 -268 -269 -263
1694 -163 -167 -172 -168 -157
1766 -91 -95 -100 -96 -85
1783 -75 -79 -84 -80 -69
1846 -11 -15 -20 -16 -5
1910 53 49 44 48 59
1973 116 112 107 111 122
2007 2015 150 148 145 151 164
2055 198 194 189 193 204


SP500 Close 1141 1130 1128 1121 1118
day prior

Monday Friday

948 949 -193 -182 -180 -172 -169
970 962 -171 -162 -162 -157 -156
978 -163 -152 -150 -143 -140
1007 1008 -134 -123 -121 -113 -110
1018 1020 -123 -112 -109 -102 -98
1024 -117 -106 -104 -97 -94
1025 1028 -116 -104 -102 -94 -90
1032 1033 -109 -98 -96 -88 -85
1042 -99 -88 -86 -79 -76
1064 1066 -77 -66 -63 -56 -52
1070 -71 -60 -58 -51 -48
1116 -25 -14 -12 -5 -2
1157 1159 16 28 30 38 41
1162 21 32 34 41 44
1204 1208 63 75 78 86 90

ht
david

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