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

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To: Magnatizer who wrote (23786)12/2/1998 9:50:00 PM
From: Magnatizer  Read Replies (2) of 79230
 
Market magnets 12.3.98

notes

Dow: no changes

Nas: May have been a bit optimistic with the 2055 target. Of course
everytime I start to feel this way the market goes against my gut. So
gut says it won't be reached in the short term.... did you hear that
Mr. M

SP: no changes

Mond Tues Wed Thurs Fri
DOW 30 Close 9333 9116 9133 9064
day prior

Monday Friday
(if sloped)
7933 -1400 -1183 -1200 -1131 7933
8143 -1191 -974 -991 -922 8143
8169 8188 -1164 -942 -955 -881 8188
8352 -981 -764 -781 -712 8352
8561 -772 -555 -572 -503 8561
8770 -563 -346 -363 -294 8770
8966 8988 -367 -145 -156 -82 8988
8980 -353 -136 -153 -84 8980
8995 9017 -338 -116 -127 -53 9017
9116 9137 -217 5 -7 68 9137
9383 9419 50 276 268 346 9419
9398 65 282 265 334 9398
9651 318 535 518 587 9651
9905 572 789 772 841 9905

Nasdaq Close 2016 1949 2004 1995
day prior

Monday Friday
1413 1415 -603 -536 -590 -581 1415
1423 1420 -593 -527 -583 -574 1420
1478 -538 -471 -526 -517 1478
1528 -488 -421 -476 -467 1528
1550 -466 -399 -454 -445 1550
1520 1509 -496 -432 -490 -483 1509
1531 1511 -485 -423 -483 -479 1511
1581 1573 -435 -370 -427 -420 1573
1622 -394 -327 -382 -373 1622
1694 -322 -255 -310 -301 1694
1766 -250 -183 -238 -229 1766
1783 -234 -167 -222 -213 1783
1846 -170 -103 -158 -149 1846
1910 -106 -39 -94 -85 1910
1973 -43 24 -31 -22 1973
2035 2043 19 88 35 46 2043
2055 39 106 51 60 2055
2160 2166 144 213 159 170 2166

SP500 Close 1192 1164 1175 1171
day prior

Monday Friday

978 -214 -186 -197 -193 978
1012 1013 -180 -152 -163 -158 1013
1024 -168 -140 -151 -147 1024
1026 1028 -166 -138 -148 -144 1028
1033 1034 -159 -131 -142 -137 1034
1034 1037 -158 -129 -140 -135 1037
1042 -150 -122 -133 -129 1042
1073 1076 -119 -90 -101 -96 1076
1070 -122 -94 -105 -101 1070
1116 -76 -48 -59 -55 1116
1161 1163 -31 -3 -13 -9 1163
1162 -30 -2 -13 -9 1162
1217 1220 25 54 44 48 1220
1222 1223 30 58 48 52 1223
1223 31 59 48 52 1223
1230 1231 38 66 56 60 1231

ht
david
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