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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Magnatizer who wrote (27654)3/25/1999 11:15:00 PM
From: Magnatizer  Read Replies (3) of 79180
 
Market magnets 3.26.99

notes

Dow: touched 9905 neutral zone (theoretical data) today. Very
encouraging for we bulls but there is still much work left on the plate for tomorrow....

Nasdaq: set to give another magnet signal tomorrow. If it does
signal in the next 2-3 days (likely) it will be giving what i call a
double pump. Double pumps are very bullish in that they represent
a "refusal" of the index or security to break down. I am starting to
hear the Rocky themesong now.... dant dant da da dant da da da dant
da daaa dant dant dant dant da da da....

SP500: 1312 is key number for Friday. Would be very bullish if it
were recovered.

Mond Tues Wed Thurs Fri
DOW 30 Close 9904 9891 9672 9667 9836
day prior

Monday Friday
(if sloped)

8980 -924 -911 -692 -687 -856
9366 9385 -538 -520 -297 -287 -451
9398 -506 -493 -274 -269 -438
9398 9426 -506 -486 -260 -248 -410
9534 9558 -370 -351 -126 -115 -278
9651 -253 -240 -21 -16 -185
9905 1 14 233 238 69
10062 10102 158 181 410 425 266
10105 10167 201 230 464 485 331
10158 254 267 486 491 322
10411 507 520 739 744 575

Nasdaq Close 2421 2396 2323 2365 2435
day prior

Monday Friday

1846 -575 -550 -477 -519 -589
1910 -511 -486 -413 -455 -525
1973 -448 -423 -350 -392 -462
2055 -366 -341 -268 -310 -380
2191 2199 -230 -203 -128 -168 -236
2270 2275 -151 -125 -51 -91 -160
2316 -105 -80 -7 -49 -119
2437 2473 16 50 132 99 38
2497 76 101 174 132 62
2539 2548 118 145 221 181 113
2655 234 259 332 290 220
2970 549 574 647 605 535

SP500 Close 1299 1297 1262 1269 1290
day prior

Monday Friday

1116 -183 -181 -146 -153 -174
1162 -137 -135 -100 -107 -128
1190 1191 -109 -107 -72 -78 -99
1223 -76 -74 -39 -46 -67
1247 1248 -52 -50 -15 -21 -42
1266 1267 -33 -31 5 -2 -23
1282 1286 -17 -14 22 16 -4
1301 1312 2 7 45 40 22
1300 1 3 38 31 10
1332 1333 33 35 71 64 43
1411 1413 112 115 150 144 123
1447 148 150 185 178 157

NDX Close 2054 2027 1961 2014 2083
day prior

Monday Friday

1800 -254 -227 -161 -214 -283
1888 -166 -139 -73 -126 -195
1975 -79 -52 14 -39 -108
2030 -24 3 69 16 -53
2084 30 57 123 70 1
2177 123 150 216 163 94

ht
david
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