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

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To: Magnatizer who wrote (24297)12/15/1998 8:22:00 PM
From: Magnatizer  Read Replies (4) of 79214
 
Market magnets 12.16.98

notes

Bounce was a bit stronger than expected. Tomorrow could prove quite
interesting. Still want to see us fade into next Tuesday and put in
a good bottom on volume. Doug mentioned the Dow IHS pattern today.
I was calling for a C&H to form a short while back on the MDA thread.
If this is indeed what forms then late Dec and Jan are going to be
very strong up.

Mond Tues Wed Thurs Fri
DOW 30 Close 8822 8696 8823
day prior

Monday Friday
(if sloped)

7708 7719 -1114 -985 -1110 7716 7719
7933 -889 -763 -890 7933 7933
8143 -680 -554 -681 8143 8143
8212 8232 -610 -479 -601 8227 8232
8352 -470 -344 -471 8352 8352
8561 -261 -135 -262 8561 8561
8770 -52 74 -53 8770 8770
8980 158 284 157 8980 8980
9018 9042 196 328 207 9036 9042
9048 9067 226 357 235 9062 9067
9173 9192 351 482 360 9187 9192
9398 576 702 575 9398 9398
9471 9509 649 785 667 9500 9509
9651 829 955 828 9651 9651
9905 1083 1209 1082 9905 9905

Nasdaq Close 2029 1967 2013
day prior

Monday Friday
1418 1420 -611 -549 -594 1420 1420
1415 1412 -614 -553 -600 1413 1412
1478 -551 -489 -535 1478 1478
1528 -501 -439 -485 1528 1528
1550 -479 -417 -463 1550 1550
1478 1456 -551 -495 -546 1462 1456
1492 1479 -537 -478 -528 1482 1479
1562 1556 -467 -407 -454 1558 1556
1622 -407 -345 -391 1622 1622
1694 -335 -273 -319 1694 1694
1766 -263 -201 -247 1766 1766
1783 -247 -185 -231 1783 1783
1846 -183 -121 -167 1846 1846
1910 -119 -57 -103 1910 1910
1973 -56 6 -40 1973 1973
2056 2063 27 91 47 2061 2063
2055 26 88 42 2055 2055
2175 2180 146 209 165 2179 2180

SP500 Close 1167 1141 1163
day prior

Monday Friday


978 -189 -163 -185 978 978
1024 -143 -117 -139 1024 1024
1019 1020 -148 -122 -144 1020 1020
1032 1034 -135 -109 -130 1034 1034
1034 1035 -133 -107 -129 1035 1035
1040 1042 -127 -101 -122 1042 1042
1042 -125 -99 -121 1042 1042
1080 1082 -87 -61 -82 1082 1082
1070 -97 -71 -93 1070 1070
1116 -51 -25 -47 1116 1116
1162 -5 21 -1 1162 1162
1167 1168 0 26 5 1168 1168
1226 1230 59 86 65 1229 1230
1226 1227 59 85 64 1227 1227
1247 1248 80 106 85 1248 1248
1223 56 82 60 1223 1223
1274 1276 107 134 112 1276 1276

ht
david
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