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 (27517)	3/22/1999 10:24:00 PM
From: Magnatizer	Read Replies (1) of 79177

Market magnets 3.23.99 If anyone knows about MGs please PM me. I found one I would love to buy but do not know much about the value of them. From the classifieds I have read it appears to be a decent deal. notes warning shots!!!!!!!! Dow: Mids all down. Weekly buy would be weakened with a close in this area Friday. A severe drop will likely give the weeklys a hold rating. Nasdaq comp: Mids all down. Fell farther from important 2437 utrend today. Needs to return soon (like Wed soon). SP500: Mids 2/3 down, 1/3 up. Fell through important 1301 utrend today. Similar situation to nasdaq in the importance of this tline. NDX: 1975 is very much back in the picture. Gave up in route to a new magnet signal. Not a sign of strength. Still bullish (due to weekly hold and buy ratings) but short term its starting to look a bit rough. Mond Tues Wed Thurs Fri DOW 30 Close 9904 9891 day prior Monday Friday (if sloped) 8980 -924 -911 8980 8980 8980 9366 9385 -538 -520 9376 9380 9385 9398 -506 -493 9398 9398 9398 9398 9426 -506 -486 9412 9419 9426 9534 9558 -370 -351 9546 9552 9558 9651 -253 -240 9651 9651 9651 9905 1 14 9905 9905 9905 10062 10102 158 181 10082 10092 10102 10105 10167 201 230 10136 10152 10167 10158 254 267 10158 10158 10158 10411 507 520 10411 10411 10411 Nasdaq Close 2421 2396 day prior Monday Friday 1846 -575 -550 1846 1846 1846 1910 -511 -486 1910 1910 1910 1973 -448 -423 1973 1973 1973 2055 -366 -341 2055 2055 2055 2191 2199 -230 -203 2195 2197 2199 2270 2275 -151 -125 2273 2274 2275 2316 -105 -80 2316 2316 2316 2437 2473 16 50 2455 2464 2473 2497 76 101 2497 2497 2497 2539 2548 118 145 2544 2546 2548 2655 234 259 2655 2655 2655 2970 549 574 2970 2970 2970 SP500 Close 1299 1297 day prior Monday Friday 1116 -183 -181 1116 1116 1116 1162 -137 -135 1162 1162 1162 1190 1191 -109 -107 1191 1191 1191 1223 -76 -74 1223 1223 1223 1247 1248 -52 -50 1248 1248 1248 1266 1267 -33 -31 1267 1267 1267 1282 1286 -17 -14 1284 1285 1286 1301 1312 2 7 1307 1309 1312 1300 1 3 1300 1300 1300 1332 1333 33 35 1333 1333 1333 1411 1413 112 115 1412 1413 1413 1447 148 150 1447 1447 1447 NDX Close 2054 2027 day prior Monday Friday 1800 -254 -227 1800 1800 1800 1888 -166 -139 1888 1888 1888 1975 -79 -52 1975 1975 1975 2030 -24 3 2030 2030 2030 2084 30 57 2084 2084 2084 2177 123 150 2177 2177 2177 ht david

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