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Strategies & Market Trends : The Market Beacons -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (50)	2/14/2001 7:54:09 AM
From: robert b furman	Respond to of 1298

Hi Mag, Looking at your NAZ 100 chart - If one connects the bottoms of that index - it is almost uncanny how perfectly they stop at a straight line : 10/09 11/27 12/08 01/02 Carry that line to the end of the chart and it goes 1500 - 1600-ish, of course resistance could come in well before. But it is a great trend line with a substantial negative slope. Do you think it can be played??? Bob

To: robert b furman who wrote (50)	2/14/2001 9:36:47 AM
From: Magnatizer	Read Replies (1) \| Respond to of 1298

Bob I will follow the market magnet spreadsheet for downside support levels: magnatizer.terrashare.com Would be most bullish if the bottom stopped at 1300 area. The tri-magnet trendline bisect involves three important trendlines. It has very potential to mark THE bottom in the SP 500. I would very much like to see a down market into the cross. Nas 100: I try not to use standard trendlines. Many watch them and many get faked out around them (like me). I will follow the market magnet spreadsheet for downside supports and lean toward upper 2000-lower 2100s being strong support. ht Mag