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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 (35241)	4/23/2000 10:46:00 PM
From: Magnatizer	Respond to of 79468

Thread One person mentioned a problem with my site when he used netscape 4.7 but no problems with IE 4.0. Is anyone else having difficulties viewing site with netscape? thanks, Mag

To: Magnatizer who wrote (35241)	4/24/2000 12:57:00 AM
From: milesofstyles	Read Replies (2) \| Respond to of 79468

some stuff alesisgb: nooz are getting wacked Tiric: A nasty dip tomorrow will be BUY EVEYTHING!! time Tiric: MCOM is cheap as they get and a drop tomorrow on it would be free money Tiric: S&P could drop 60 points early. That would be the time to buy the best on your wish list. alesisgb: they pounding futures over msft news or something? Tiric: MSFT news would be a good excuse...underlying factor is normal market movement due to supply and demand. Psychology shifted at the last market top so any excuse will do. Normal supply/demand correction stuff causes the correction lines and intersections to become the dominant factors no matter what news is arbitrarily picked as significant. Tiric: The DJIA went to its intersection 4/4...S&P is set to go tomorrow and a good Naz intersection on 4/25 pointed out to me by Hal. Then the magnet intersection on 4/26. There should be no trouble knowing where the market's going to go in a hurry by Thu Tiric: I'd say whichever way Tuesday closes is the direction to expect for a few months at least Tiric: I fully expect up with the bottom verified tomorrow. alesisgb: yeah, i think its to that point as well...there's about 400 pts open space in either direction on naz right now Tiric: The nastier the hiy on the naz tomorrow, yhe better. The trick will be identifying the very bottom but it's definitely time to go into buy mode Tiric: hiy=hit alesisgb: most of the short stuff looks pretty good, but i think a down close even tomorrow could turn some over at resistance levels, the candles at the bottom were bullish engulf 3day form Tiric: RSI's would turn with a down close but with stos and CCI it depends on where in the range the close is. Thing's are at the crossroads and I'd hate to have to hold judgement until Thu or Fri Tiric: Did you look at the 233, 21, 34 on the S&P? alesisgb: no, just been using the short term stuff Tiric: Extremely minimal damage Tiric: It's in a position where a cross and a followthru would kick it into high gear again. It's in close range of "the zone" still Tiric: And the 233 day CCI bounced off a longterm uptrend line that the 2 previous corrections broke below. Seeing the line hold up for this correction with the 233,21,34 where it is kinda has me wondering about the possibility of new highs all around in a couple months or less. alesisgb: i'd be more comfortable long had i not looked at the crb...all the other stuff looks like its ready to roll over, if the crb caves with them, we'll see new hi's alesisgb: if it doesn't, the financials are gonna be a helluva short, lol Tiric: When you take all the baby boomer factors into account (there's no reason for them to have gone up in a puff of smoke)......look at a stock like NSOL...way too cheap right now. There's no real underlying reasons for the market to go bearish from here. alesisgb: that should be confirmed by the commodities Tiric: The UIX has made a nice turn up already. Interest rate sensitive vehicles that look ahead 6 to 9 months have made a good initial confirmation. Got a link to look at a 2 yr BKX or does DJ's magnet site have it that far back? alesisgb wants to directly connect. Tiric's software does not support sending and receiving IM images. alesisgb: bkx should be the go ahead sign alesisgb: i think dj has bkxPrevious message was not received by Tiric because of error: User Tiric is not available. Tiric: The BKX looks pretty precarious alesisgb: i think dj has bkx Tiric: yeah, a nice one too. I took a look at it. This is definitely a decisive several days coming up alesisgb: yeah, like i was saying bkx is on the wrong side of the field Tiric: Well that's the only side you'll ever see a breakout come from alesisgb: i meant vs crb, if crb is inflation indicator, bkx should get the piss pounded outta it here while its at its upper channel of a downtrend... Tiric: I'd hafta look at the technical profile to get a better idea on whether it's more or less likely to breakout alesisgb: 89.3.5 used 80 as resistance alesisgb: its got a knee attempt to make a run back at it Tiric: knees are good to see up in that value range alesisgb: yeah Tiric: it's going to move real soon. Tiric: Sheez...NSOL is a screaming buy into a nice downswing early tomorrow. Tiric: It'll probably go up every day this week alesisgb: sheez, what's dj trying to do, run a website??? lol Tiric: He's got EVERYTHING on that sombitch...lol!! alesisgb: can't even find the charts, lol Tiric: Go to Daily Commentary alesisgb: there is no daily commentary Tiric: The chart with the '80s magnet trendlines and the '97 line slicing through them is excellent Tiric: geocities.com Tiric: So...you gonna post the meat of this IM? alesisgb: why? Tiric: So people will have a better idea of what to expect and be able to progress using the experience gained in the current market climate? alesisgb: alrighty then, its up