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 (27392)	3/16/1999 9:08:00 PM
From: Magnatizer	Read Replies (3) of 79177

Market magnets 3.17.99 notes Dow: Weekly buy looking stronger here. Mids 2/3 up 1/3 flat. Looking solid. Nasdaq: Mids all up. Weekly still looking at hold. Todays crossover day was uneventful. Looking for fireworks in the next 2 days one way or the other. SP 500: Mids all up. Weekly close here or better is a buy signal. still watching 1286 utrend as SP has yet to make it a memory. NDX: Mids all up. Weekly hold. 2084 was resistance today (Tuesday) Feel somewhat surprised it is moving away from 1975 strong mag so well. Not many conclusions here other than watching for a strong move on nas soon. Nas 2nd fiddle???? I really don't think that is gonna last long but thats not a call I can make based on my technical reads. Mond Tues Wed Thurs Fri DOW 30 Close 9876 9959 9930 day prior Monday Friday (if sloped) 8980 -896 -979 -950 8980 8980 9340 9361 -536 -614 -580 9356 9361 9363 9387 -513 -590 -555 9381 9387 9398 -478 -561 -532 9398 9398 9508 9532 -368 -445 -410 9526 9532 9651 -225 -308 -279 9651 9651 9905 29 -54 -25 9905 9905 10015 10051 139 65 103 10042 10051 10021 10088 145 79 125 10071 10088 10158 282 199 228 10158 10158 10411 535 452 481 10411 10411 Nasdaq Close 2382 2431 2439 day prior Monday Friday 1846 -536 -585 -593 1846 1846 1910 -472 -521 -529 1910 1910 1973 -409 -458 -466 1973 1973 2055 -327 -376 -384 2055 2055 2180 2190 -202 -249 -254 2188 2190 2261 2267 -121 -169 -175 2266 2267 2316 -66 -115 -123 2316 2316 2497 115 66 58 2497 2497 2528 2536 146 99 93 2534 2536 2655 273 224 216 2655 2655 2970 588 539 531 2970 2970 SP500 Close 1295 1307 1306 day prior Monday Friday 1116 -179 -191 -190 1116 1116 1162 -133 -145 -144 1162 1162 1188 1189 -107 -119 -118 1189 1189 1223 -72 -84 -83 1223 1223 1245 1246 -50 -62 -61 1246 1246 1265 1266 -30 -42 -41 1266 1266 1277 1281 -18 -29 -27 1280 1281 1286 1298 -9 -18 -14 1295 1298 1300 5 -7 -6 1300 1300 1330 1331 35 23 25 1331 1331 1413 1415 118 107 108 1415 1415 1447 152 140 141 1447 1447 NDX Close 2009 2060 2073 day prior Monday Friday 1800 -209 -260 -273 1800 1800 1888 -121 -172 -185 1888 1888 1975 -34 -85 -98 1975 1975 2030 21 -30 -43 2030 2030 2084 75 24 11 2084 2084 2177 168 117 104 2177 2177 ht david

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