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 (24313)	12/16/1998 7:49:00 PM
From: Magnatizer	Read Replies (2) of 79227

Market magnets 12.17.98 notes Markets will be under strong news influence for a while. I still like next Tuesday to be a bottom. Downward pressure still in most indicators I use. Weeklys still show buy mode, a few strong down days will reverse them to sell. This will be the last market magnet update for the year. Unless I find time inbetween playing with niece and nephew and nights out with old friends. Happy Holidays to all, even pink. Mond Tues Wed Thurs Fri DOW 30 Close 8822 8696 8823 8791 day prior Monday Friday (if sloped) 7708 7719 -1114 -985 -1110 -1075 7719 7933 -889 -763 -890 -858 7933 8143 -680 -554 -681 -649 8143 8212 8232 -610 -479 -601 -564 8232 8352 -470 -344 -471 -439 8352 8561 -261 -135 -262 -230 8561 8770 -52 74 -53 -21 8770 8980 158 284 157 189 8980 9018 9042 196 328 207 245 9042 9048 9067 226 357 235 271 9067 9173 9192 351 482 360 396 9192 9398 576 702 575 607 9398 9471 9509 649 785 667 709 9509 9651 829 955 828 860 9651 9905 1083 1209 1082 1114 9905 Nasdaq Close 2029 1967 2013 2009 day prior Monday Friday 1418 1420 -611 -549 -594 -590 1420 1415 1412 -614 -553 -600 -596 1412 1478 -551 -489 -535 -531 1478 1528 -501 -439 -485 -481 1528 1550 -479 -417 -463 -459 1550 1478 1456 -551 -495 -546 -548 1456 1492 1479 -537 -478 -528 -527 1479 1562 1556 -467 -407 -454 -452 1556 1622 -407 -345 -391 -387 1622 1694 -335 -273 -319 -315 1694 1766 -263 -201 -247 -243 1766 1783 -247 -185 -231 -227 1783 1846 -183 -121 -167 -163 1846 1910 -119 -57 -103 -99 1910 1973 -56 6 -40 -36 1973 2056 2063 27 91 47 52 2063 2055 26 88 42 46 2055 2175 2180 146 209 165 170 2180 SP500 Close 1167 1141 1163 1162 day prior Monday Friday 978 -189 -163 -185 -184 978 1024 -143 -117 -139 -138 1024 1019 1020 -148 -122 -144 -142 1020 1032 1034 -135 -109 -130 -129 1034 1034 1035 -133 -107 -129 -127 1035 1040 1042 -127 -101 -122 -121 1042 1042 -125 -99 -121 -120 1042 1080 1082 -87 -61 -82 -81 1082 1070 -97 -71 -93 -92 1070 1116 -51 -25 -47 -46 1116 1162 -5 21 -1 0 1162 1167 1168 0 26 5 6 1168 1226 1230 59 86 65 67 1230 1226 1227 59 85 64 65 1227 1247 1248 80 106 85 86 1248 1223 56 82 60 61 1223 1274 1276 107 134 112 114 1276 ht david

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