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 (29909)	5/27/1999 10:03:00 PM
From: Magnatizer	Read Replies (1) of 79237

Market magnets 5.28.99 notes Dow: Weekly hold with close here tomorrow. Testing the 10449 utrend. I had anticipated a flat to up day today so the weakness caught me off guard. Must have been some big boys wanting to leave for the Hamptons early. I expect a up day tomorrow as the little guys are in charge and most of them do not (assumption) short well. Nasdaq: Weekly sell with close here tomorrow. SP500: Weekly sell with close here tomorrow. Nas 100: Weekly sell with close here tomorrow. Mond Tues Wed Thurs Fri DOW 30 Close 10829 10655 10531 10702 10467 day prior Monday Friday (if sloped) 9651 -1178 -1004 -880 -1051 -816 9769 9794 -1060 -880 -750 -914 -673 Top of Set of Three 9905 -924 -750 -626 -797 -562 10158 -671 -497 -373 -544 -309 10411 -418 -244 -120 -291 -56 10449 10482 -380 -198 -66 -228 15 Not Mag but very key 10679 -150 24 148 -23 212 10852 10916 23 213 353 198 449 Newest mag tline 10947 118 292 416 245 480 11239 410 584 708 537 772 Nasdaq Close 2520 2454 2381 2427 2419 Next mag tline cross: day prior 6.7.99 Monday Friday 2055 -465 -399 -326 -372 -364 Strong 2283 2290 -237 -169 -95 -139 -129 2316 -204 -138 -65 -111 -103 2331 2320 -189 -126 -56 -104 -99 2332 2338 -188 -121 -46 -91 -81 12.23.94 to 10.20.95 2468 2471 -52 15 89 43 52 2497 -23 43 116 70 78 2599 2611 79 148 224 181 192 1.14.99 to 3.16.99 2635 2644 115 183 259 215 225 8.2.96 to 11.8.96 2655 135 201 274 228 236 2782 2818 262 337 419 382 399 2812 292 358 431 385 393 2970 450 516 589 543 551 3127 607 673 746 700 708 3210 690 756 829 783 791 SP500 Close 1330 1307 1284 1305 1281 Next mag tline cross: day prior 5.31.99 Monday Friday 1162 -168 -145 -122 -143 -119 1206 1207 -124 -101 -78 -98 -74 1223 -107 -84 -61 -82 -58 1261 1262 -69 -46 -23 -43 -19 85 Line 1280 1281 -50 -27 -4 -24 0 1300 -30 -7 16 -5 19 1322 1325 -8 16 40 19 44 9.18.97 to 6.24.98 1340 1342 10 34 57 37 61 New Mag Tline cross 1347 1349 17 41 64 44 68 86 Line 1374 1381 44 69 94 74 100 1424 1434 94 120 145 127 153 1434 1436 104 128 151 131 155 1447 117 140 163 142 166 1593 263 286 309 288 312 NDX Close 2114 2061 1999 2053 2050 day prior Monday Friday 1888 -226 -173 -111 -165 -162 1975 -139 -86 -24 -78 -75 Strong 2030 -84 -31 31 -23 -20 2084 -30 23 85 31 34 2177 63 116 178 124 127 2269 155 208 270 216 219 2288 2312 174 233 301 253 262 2362 248 301 363 309 312 2454 340 393 455 401 404 ht david

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