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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 (22251)	10/21/1998 8:36:00 PM
From: Magnatizer	Read Replies (1) \| Respond to of 79237

Market magnets for Thursday Monday Tues Wed Thur Friday DOW 30 Close 8417 8467 8506 8519 day prior Monday Friday (if sloped) 7425 -992 -1042 -1081 -1094 7425 7458 -959 -1009 -1048 -1061 7458 7583 7510 -834 -902 -960 -991 7510 7591 -826 -876 -915 -928 7591 7610 7621 -807 -854 -891 -901 7621 7765 7670 -652 -725 -789 -825 7670 7724 -693 -743 -782 -795 7724 7765 7670 -652 -725 -789 -825 7670 7933 -484 -534 -573 -586 7933 8040 8059 -377 -422 -457 -465 8059 8143 -274 -324 -364 -377 8143 8352 -65 -115 -154 -167 8352 8561 144 95 55 42 8561 8770 353 304 264 251 8770 8814 8835 397 353 319 311 8835 8842 8862 425 381 346 338 8862 8961 8980 544 499 465 456 8980 Nasdaq Close 1621 1649 1639 1675 day prior Monday Friday 1397 1399 -224 -251 -241 -277 1399 1446 1443 -175 -203 -195 -231 1443 1478 -143 -171 -161 -197 1478 1528 -93 -121 -111 -147 1528 1550 -71 -99 -89 -125 1550 1605 1593 -16 -47 -40 -79 1593 1622 1 -27 -17 -53 1622 1633 1625 12 -18 -10 -48 1625 1690 1665 69 35 39 -4 1665 1694 73 45 55 19 1694 1766 145 117 127 91 1766 1783 162 134 144 108 1783 1846 225 197 207 207 1846 SP500 Close 1056 1062 1064 1070 day prior Monday Friday 981 -75 -81 -83 -89 981 984 971 -72 -81 -87 -96 971 996 989 -60 -68 -72 -79 989 1006 -51 -57 -59 -65 1006 1015 1018 -41 -46 -48 -53 1018 1030 -26 -32 -34 -40 1030 1037 1039 -19 -25 -26 -32 1039 1042 -15 -20 -22 -28 1042 1054 -2 -8 -10 -16 1054 1054 1057 -2 -7 -9 -14 1057 1079 23 17 15 9 1079 1103 47 41 39 33 1103 1128 72 66 64 58 1128 1141 85 79 77 71 1141 1155 99 93 91 85 1155 Nasdaq came up to challenge short term downtrend today. Did not make it through. Tomorrow needs to hold above (4) to be considered broken out. I expect tomorrow to be flat for the nasdaq. Dow and SP5 are doing fine. Do expect some profit taking to set in someday, likely Friday afternoon. This is one strong move by the markets. ht david