The 56 Point TA; Charts With an Attitude Message Board

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

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To: Magnatizer who wrote (23177)	11/22/1998 12:01:00 PM
From: Magnatizer	Read Replies (1) of 79237

Market magnets 11.23.98 notes: Dow 30: Magnet indicators are very high and pointed up. I am looking for early week strength followed by some profit taking starting Wed- Thurs. I expect Dow to hit 9349 uptrend Tuesday Nasdaq: Same as Dow with indicator reading. Expect 2028 uptrend to be reached prior to Wed SP500: Same as Dow on indicators. DOUBLE TRENDLINE Xovers WED. May be the day of reversal for the big three. Expect 1213 uptrend to be reached prior to reversal down no targets set yet for downturn bottom. Will have to see how the events unfold. Mond Tues Wed Thurs Fri DOW 30 Close 9160 day prior Monday Friday (if sloped) 7933 -1227 7933 7933 7933 7933 8143 -1018 8143 8143 8143 8143 8150 8169 -1010 8155 8160 8164 8169 8352 -808 8352 8352 8352 8352 8561 -599 8561 8561 8561 8561 8770 -390 8770 8770 8770 8770 8945 8964 -215 8950 8955 8959 8964 8974 8997 -186 8980 8986 8991 8997 8980 -180 8980 8980 8980 8980 9095 9112 -65 9099 9104 9108 9112 9349 9387 189 9359 9368 9378 9387 9398 238 9398 9398 9398 9398 9651 491 9651 9651 9651 9651 9905 745 9905 9905 9905 9905 Nasdaq Close 1928 day prior Monday Friday 1410 1413 -518 1411 1412 1412 1413 1427 1423 -501 1426 1425 1424 1423 1478 -450 1478 1478 1478 1478 1528 -400 1528 1528 1528 1528 1550 -378 1550 1550 1550 1550 1532 1520 -396 1529 1526 1523 1520 1554 1533 -374 1549 1544 1538 1533 1588 1581 -340 1586 1585 1583 1581 1622 -306 1622 1622 1622 1622 1694 -234 1694 1694 1694 1694 1766 -162 1766 1766 1766 1766 1783 -146 1783 1783 1783 1783 1846 -82 1846 1846 1846 1846 1910 -18 1910 1910 1910 1910 1973 45 1973 1973 1973 1973 2028 2034 100 2030 2031 2033 2034 2055 127 2055 2055 2055 2055 2155 2159 227 2156 2157 2158 2159 SP500 Close 1164 day prior Monday Friday 978 -186 978 978 978 978 1011 1012 -153 1011 1012 1012 1012 1024 -140 1024 1024 1024 1024 1024 1026 -140 1025 1025 1026 1026 1031 1034 -133 1032 1033 1033 1034 1032 1033 -132 1032 1033 1033 1033 1042 -122 1042 1042 1042 1042 1070 1073 -94 1071 1072 1072 1073 1070 -94 1070 1070 1070 1070 1116 -48 1116 1116 1116 1116 1159 1160 -5 1159 1160 1160 1160 1162 -2 1162 1162 1162 1162 1213 1217 49 1214 1215 1216 1217 1220 1223 56 1221 1222 1222 1223 1223 59 1223 1223 1223 1223 1230 1231 66 1230 1231 1231 1231 ht david

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