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

To: milesofstyles who wrote (21997)	10/11/1998 10:09:00 PM
From: Magnatizer	Respond to of 79273

SP5 Magnets Sorry for the confusing layout. SI would not let me put this on with the preview feature checked. When I go back to edit it it does not work right. geeeeez, short Go2Net, this is really getting to me. OK so now I have go2net and western digital in the scope for shorts for purely personal reasons. Monday Tuesday Wednesday Thursday Friday SP500 Close day prior 984.3 Monday Friday (if sloped trendline) 913 -71.3 929 -55.3 929.5 932 -54.8 932 -52.3 957 -27.3 958 960 -26.3 981 -3.3 1000 987 15.7 1005 998 20.7 1005.5 21.2 1012 1015 27.7 1030 45.7 1032 1034.5 47.7 1041.7 57.4 1054.4 70.1 1078.8 94.5 1103 118.7 1127.7 143.4 ht david

To: milesofstyles who wrote (21997)	10/11/1998 10:20:00 PM
From: Magnatizer	Respond to of 79273

try it again 913 -71.3 929 -55.3 929.5 932 -54.8 932 -52.3 957 -27.3 958 960 -26.3 981 -3.3 1000 987 15.7 1005 998 20.7 1005.5 21.2 1012 1015 27.7 1030 45.7 1032 1034.5 47.7 1041.7 57.4 1054.4 70.1 1078.8 94.5 1103 118.7 1127.7 143.4 horizontal lines are in first column. sloping trendlines have mondays value in first column and fridays values in second column. third column is daily numbers using close of 984.3 from friday last commentary: SP5. I am not going to say which way the market looks to go because I have such mixed signals. I can say that this week looks to be as, if not more, volatile than last. Lots of battles to be fought between bulls and bears as the former tries to make this market base and the later tries to "give it the business" Important areas for SP5 are 932 (to hold end of day) and the 1012 trendline which would really be nice to break to the upside. I think it will take a while before that particuar trendline is broken. I would call this week a win for the bulls if the market ends up flat to slightly positive ht david

To: milesofstyles who wrote (21997)	10/11/1998 10:26:00 PM
From: Magnatizer	Respond to of 79273

Nasdaq Comp 1175 1166.5 -317.5 1196 1195.5 -296.5 1395 1396.5 -97.5 1450.5 1447 -42 1478 -14.5 1528 35.5 1550 57.5 1621.5 1608 129 1622 129.5 1694 201.5 1766 273.5 1782.5 290 1846 353.5 Nasdaq Comp important areas are 1395 uptrend and 1621.5 downtrend. Same as SP5 many mixed signals so direction is a problem for me to figure. ht david

To: milesofstyles who wrote (21997)	10/11/1998 10:33:00 PM
From: Magnatizer	Read Replies (1) \| Respond to of 79273

Before I get any farther, football fans make sure to watch Tim Dwight a kick off and punt returner for Atlanta, also gets in on some offensive sets. As some of you know I am an Iowan originally and have had the pleasure of watching Tim put on miles of highlight reels. Fun to watch Dow 30 7192 -707.5 7340 -559.5 7425 -474.5 7458 -441.5 7591 -308.5 7597.5 7607.5 -302 7678 7602.7 -221.5 7724 -175.5 7894 7793 -5.5 7933 33.5 8017 8035 117.5 8142.5 243 8352 452.5 Dow 30 has a trendline crossover on the 16th of this month (Friday the 16th). I would like to see it above 7724 going into the middle of the week. Will be tough to do however as it is hitting the top of is current downtrend channel (7894 downtrend). Another one with mixed signals. One of which is the StochRSI which is in Jailbreak mode and is near overbought. Imagine, overbought in this market. Could be lots of golf in my immediate future. Not ready to throw in the towel, but I do have it in hand just in case. ht david

To: milesofstyles who wrote (21997)	10/11/1998 11:31:00 PM
From: Craig DeHaan	Read Replies (2) \| Respond to of 79273

Milesov, I did hedge saying it was cheezey in "certain environs". I have access to Bob's formula at Brooke's site, and the A to Z, but LinReg won't get me there by itself. I'm pulling out the circa '71 CRC calculus text to see what's all to it. Summation isn't the rub. It's adapting the slope formula to produce a dynamic MA. I'll work on that or maybe beg Bob to for the Q+ community at large. Before conferring with w/ blaboratoriochefdog, shifting MAs, assuming S,E,W is an ordinately lower phylogeny in Q+, if suitable; ready when you are. Could even take MSWIN TSF hits, funnel them as first round pics to subsequent QP scans if need be, but lousy backtests going that way. Won't touch DJ's handtowel yet. <g> Craig