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 (27229)	3/10/1999 9:08:00 PM
From: Magnatizer	Read Replies (1) of 79180

Market magnets 3.11.99 notes Story was again the SP500. Successful test (for the bulls) of newest magnet uptrend (1269). Looks good thus far for a continuation of the leg up. Still hold ratings on indexes but any more up and I will certainly have some weekly buy signals. Added NDX to the market mags for those who like the idea of the QQQ. NDX notes: 1975 is strong mag. NDX is attempting to pull away from it but not having much luck. 2030 is a neutral zone which has been acting as the axis for the last few days. NDX is weekly hold still. Mid term indicators show a rally is about to begin. Ought to get some fireworks sooner than later. Mond Tues Wed Thurs Fri DOW 30 Close 9736 9728 9694 9773 day prior Monday Friday (if sloped) 8561 -1175 -1167 -1133 -1212 8561 8980 -756 -748 -714 -793 8980 9310 9335 -426 -412 -372 -444 9335 9346 9370 -390 -376 -336 -409 9370 9398 -338 -330 -296 -375 9398 9476 9497 -260 -247 -208 -281 9497 9651 -85 -77 -43 -122 9651 9905 169 177 211 132 9905 9931 10008 195 222 276 216 10008 9965 10002 229 246 290 220 10002 10158 422 430 464 385 10158 Nasdaq Close 2337 2398 2393 2406 day prior Monday Friday 1846 -491 -552 -547 -560 1846 1910 -427 -488 -483 -496 1910 1973 -364 -425 -420 -433 1973 2055 -282 -343 -338 -351 2055 2171 2179 -166 -225 -218 -229 2179 2255 2261 -82 -142 -135 -147 2261 2316 -21 -82 -77 -90 2316 2497 160 99 104 91 2497 2516 2525 179 120 128 117 2525 2655 318 257 262 249 2655 2970 633 572 577 564 2970 SP500 Close 1275 1283 1280 1287 day prior Monday Friday 1116 -159 -167 -164 -171 1116 1162 -113 -121 -118 -125 1162 1186 1187 -89 -97 -94 -100 1187 1223 -52 -60 -57 -64 1223 1244 1245 -31 -39 -36 -42 1245 1263 1264 -12 -20 -17 -23 1264 1272 1277 -3 -10 -6 -11 1277 1269 1283 -6 -11 -4 -8 1283 1300 25 17 20 13 1300 1328 1329 53 45 49 42 1329 1411 1413 136 129 132 126 1413 1447 172 164 167 160 1447 NDX Close 1970 2034 2029 2039 day prior Monday Friday 1800 -170 -234 -229 -239 1800 1888 -82 -146 -141 -151 1888 1975 5 -59 -54 -64 1975 2030 60 -4 1 -9 2030 2084 114 50 55 45 2084 ht david

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