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 (27193)	3/9/1999 9:40:00 PM
From: Magnatizer	Read Replies (2) of 79180

Market magnets 3.10.99 notes SP500 signaled a new magnet today. New mag uptrend is 1269. Also, due to a error in data input a adjustment was made to the former 1279 utrend, it is now the 1272 utrend. Will be watching new mag utrend as a key for how far this move can go. If it is broken (end of day close lower than) it will signal a base/decline to begin. Mond Tues Wed Thurs Fri DOW 30 Close 9736 9728 9694 day prior Monday Friday (if sloped) 8561 -1175 -1167 -1133 8561 8561 8980 -756 -748 -714 8980 8980 9310 9335 -426 -412 -372 9329 9335 9346 9370 -390 -376 -336 9364 9370 9398 -338 -330 -296 9398 9398 9476 9497 -260 -247 -208 9492 9497 9651 -85 -77 -43 9651 9651 9905 169 177 211 9905 9905 9931 10008 195 222 276 9989 10008 9965 10002 229 246 290 9993 10002 10158 422 430 464 10158 10158 Nasdaq Close 2337 2398 2393 day prior Monday Friday 1846 -491 -552 -547 1846 1846 1910 -427 -488 -483 1910 1910 1973 -364 -425 -420 1973 1973 2055 -282 -343 -338 2055 2055 2171 2179 -166 -225 -218 2177 2179 2255 2261 -82 -142 -135 2260 2261 2316 -21 -82 -77 2316 2316 2497 160 99 104 2497 2497 2516 2525 179 120 128 2523 2525 2655 318 257 262 2655 2655 2970 633 572 577 2970 2970 SP500 Close 1275 1283 1280 day prior Monday Friday 1116 -159 -167 -164 1116 1116 1162 -113 -121 -118 1162 1162 1186 1187 -89 -97 -94 1187 1187 1223 -52 -60 -57 1223 1223 1244 1245 -31 -39 -36 1245 1245 1263 1264 -12 -20 -17 1264 1264 1272 1277 -3 -10 -6 1276 1277 1269 1283 -6 -11 -4 1280 1283 1300 25 17 20 1300 1300 1328 1329 53 45 49 1329 1329 1411 1413 136 129 132 1413 1413 1447 172 164 167 1447 1447 ht Pipe wrench

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