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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Electric who wrote (17094)	10/28/1998 1:32:00 AM
From: Magnatizer	Read Replies (2) \| Respond to of 42787

Electric the numbers listed are basic support and resistance. I try to make note of specific magnets which are more relevant than the others. it again. My main use of magnets is when magnet trendlines cross over each Take today for instance. The dow dropped, touched 8352 magnet and bounced. This is not a real important magnet to me but it would have been nice to a person who was shorting the DIA and looking for a place to cover. Also the nasdaq has a important magnet at 1766. It reached the area today and will likely return soon now that it has activiated the magnet. Rarely do indexes or stocks touch a magnet one day then go for a long time (more than 3 weeks) without touching other. This is generally a sign of volatility to come. Usually the trendline crossovers are preceeded by excessive volatility in the market or stock. Good for traders. I am putting the finishing touches on a magnet manual. Will be available soon. I am going to be presenting them at a seminar in San Antonio this weekend. If all goes well and people understand what I am saying in the manual I will be distributing it. IF it causes confusion I will keep working on it and only do seminars until I can get a manual which is clear and easy for the beginning TA person to understand. I am working on my updates. They should become clearer in the future. Will get into more and more detail as I learn how to express the reads better. ht david