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 (29151)	5/6/1999 10:00:00 PM
From: Magnatizer	Read Replies (3) of 79230

Market magnets 5.7.99 notes Dow: Weekly hold rating with close here tomorrow. Nasdaq: Weekly hold rating with close here tomorrow, very near a weekly sell. D day is near... SP500: Weekly hold with close here tomorrow. Nas 100: Weekly hold, very near weekly sell, with close here tomorrow. Broken record... yes. Lack of strength this am and SP loosing 86 line shook me out of QQQ long position and am now short it. Mond Tues Wed Thurs Fri DOW 30 Close 10789 11015 10886 10955 10947 day prior Monday Friday (if sloped) 9651 -1138 -1364 -1235 -1304 -1296 9905 -884 -1110 -981 -1050 -1042 10158 -631 -857 -728 -797 -789 10326 10360 -463 -681 -543 -604 -587 10411 -378 -604 -475 -544 -536 10600 10670 -189 -398 -251 -303 -277 10679 -110 -336 -207 -276 -268 10947 158 -68 61 -8 0 11239 450 224 353 284 292 Nasdaq Close 2543 2536 2485 2534 2472 day prior Monday Friday 2055 -488 -481 -430 -479 -417 2250 2259 -293 -284 -231 -277 -213 2311 2318 -232 -223 -171 -218 -154 2316 -227 -220 -169 -218 -156 2374 2363 -169 -165 -117 -168 -109 2454 2458 -89 -81 -29 -77 -14 2497 -46 -39 12 -37 25 2541 2557 -2 9 64 19 85 2600 2609 57 66 120 73 137 2655 112 119 170 121 183 2667 2699 124 139 198 157 227 2812 269 276 327 278 340 2970 427 434 485 436 498 3127 584 591 642 593 655 3210 667 674 725 676 738 SP500 Close 1335 1355 1332 1347 1332 day prior Monday Friday 1162 -173 -193 -170 -185 -170 1201 1202 -134 -154 -131 -145 -130 1223 -112 -132 -109 -124 -109 1256 1257 -79 -99 -76 -90 -75 1275 1276 -60 -80 -57 -71 -56 1300 -35 -55 -32 -47 -32 1308 1311 -27 -46 -23 -37 -21 1341 1342 6 -14 10 -5 10 1350 1356 15 -4 21 8 24 1380 1391 45 28 54 41 59 1428 1430 93 74 97 83 98 1447 112 92 115 100 115 1593 258 238 261 246 261 NDX Close 2136 2138 2098 2156 2079 day prior Monday Friday 1888 -248 -250 -210 -268 -191 1975 -161 -163 -123 -181 -104 2030 -106 -108 -68 -126 -49 2084 -52 -54 -14 -72 5 2177 41 39 79 21 98 2204 2226 68 72 117 65 147 2269 133 131 171 113 190 2362 226 224 264 206 283 2454 318 316 356 298 375 ht david

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