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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Magnatizer who wrote (30950)	7/13/1999 9:18:00 PM
From: Magnatizer	Read Replies (1) \| Respond to of 79256

Market Magnets 7.14.99 geocities.com notes With close here Friday on the Nas, Nas 100 and SP500 the weekly CCI (13) will have reversed down below +200. The Dow has not breached through +200 so it is not significant in this respect. It is common for the indexes to continue with their momentum upward for a few more weeks (which fits into the SP500 mag cross on 30th top theory) and then they will return to the level they were the week prior to the weekly CCI (13) first breaching +200. This will likely be a good area to accumulate long term positions. The following are the lows for the week prior to CCI (13) crossing 200 SP500: 1308 Nasdaq: 2542 Nas 100: 2174 ht david