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To: Magnatizer who wrote (24313)12/15/1998 9:32:00 PM
From: Magnatizer  Read Replies (2) | Respond to of 79214
 
Thread

nice deal

techstocks.com

ht
david



To: Magnatizer who wrote (24313)12/15/1998 11:18:00 PM
From: Woody  Read Replies (1) | Respond to of 79214
 
Davidj and Thread about multiple monitors:

Here's what I learned, Windows 95 doesn't support multiple monitors but you can buy graphics adapters that do, but they are not cheap. Windows 98 can support up to 9, yep 9, and you can set them up like one large desktop or use them to show different programs on each. So I elected to upgrade to Windows 98. One thing - Windows 98 only supports PCI graphics adapters.
Upgrading to 98 was a snap - just follow the instructions and it takes about 35 to 40 minutes. Now I must say - if you upgrade to 98 be sure to do it first - before you add any new graphics adapters. If you have built-in graphics, on the mother board, Win 98 will not read it if you add a graphics board first. Next, add your new graphics board , connect the new monitor to it and turn the computer on. Win 98 will detect it and prompt you for the software to install the new board. You can change the settings for each monitor separately - really nice if the monitors are different sizes. Just go to the settings tab of the display control panel and make your changes if needed. That's all there is to it.
Now, if after all that, Win 98 only reads the new board ( not the built-in graphics on the mother board ) don't despair . Forget the built-in board and just install a second new board and connect your monitors to them instead , that's what I did.

Hope this helps

Woody





To: Magnatizer who wrote (24313)12/16/1998 2:51:00 AM
From: Doug R  Read Replies (3) | Respond to of 79214
 
David,

Re "Doug mentioned the Dow IHS pattern today. I was calling for a C&H to form a short while back..."

Keep in mind that with any pattern, there is a critical qualifying event that justifies direction one way or the other. One part of my seminar covers that an IHS and a C w/ H are both subcategories of the ascending triangle. As such, the event in question would be a breakout from the triangle one way or the other. The fact that these patterns are being set up does not in and of itself call for bullish optimism. Some time back, as the Dow was correcting to 7400, I posted that I recognized the high probability that an ascending triangle would develop. The return to 9300+ was the first step in the process.
The cup with handle you mentioned is exhibited as the head and developing right shoulder seen in the IHS context that began on 6/16. The low that day was what may now be construed as the left shoulder at 8524. The low on 12/14 at 8610 offers a reasonable amount of symmetry to the pattern but there is, as of yet, no technical verification that 8610 is the bottom of the right shoulder. Regardless of where the right shoulder bottoms out, the neckline of the IHS (and therefore the breakout line of the cup with handle) is already defined.
Now here's the point...An IHS, a cup with handle AND an ascending triangle ALL begin as a possible double top. Once the double top is in place, a return for a 3rd time to that top with progressively higher lows, sets up the dominant pattern which is the ascending triangle. (there are also instances in which the handle of a c w/ h develops an IHS which is very cool but I parenthetically digress here).
As far as strategy is concerned here, the prudent course would be to begin going net long (NOT jump all over long) in anticipation of a breakout to the upside while keeping in mind that nothing is confirmed yet. A break to the downside would occur as the apex of the ascending triangle is approached so there is little risk of significant loss since a breakdown would occur at a respectable price level. It is important to keep in mind that the bottom of the right shoulder (or the ascending trend line of the IHS) has not been solidly established, on a technical basis, as being anchored to Monday's low of 8610. But if a bullish breakout were to occur, the initial target on the Dow would be 11,400 so that prospect does command some attention insofar as developing a position.
Personally, I feel that the uptrend line that is attempting to be established here as the ascending component of the probable ascending triangle (defined as the line from the bottom of the head on 10/8/98 to what seems to be a nicely symmetrical right shoulder that was possibly established on 12/14 in relation to the left shoulder put in on 6/16/98) is unreasonably steep. I very much expect a readjustment of this trend line before the next return to Dow 9300.
As far as all this verbage goes, the bottom line for myself is that I will be going 100% S&P in my 401K by the end of the year. I don't want to miss a break to the upside and if there's a break to the downside it will occur higher than here so there is no sense in not attempting to participate.

Phew!!!
Doug R



To: Magnatizer who wrote (24313)12/16/1998 7:49:00 PM
From: Magnatizer  Read Replies (2) | Respond to of 79214
 
Market magnets 12.17.98

notes

Markets will be under strong news influence for a while. I still like
next Tuesday to be a bottom. Downward pressure still in most
indicators I use. Weeklys still show buy mode, a few strong down days
will reverse them to sell.

This will be the last market magnet update for the year. Unless I
find time inbetween playing with niece and nephew and nights out with
old friends.

Happy Holidays to all, even pink.

Mond Tues Wed Thurs Fri
DOW 30 Close 8822 8696 8823 8791
day prior

Monday Friday
(if sloped)

7708 7719 -1114 -985 -1110 -1075 7719
7933 -889 -763 -890 -858 7933
8143 -680 -554 -681 -649 8143
8212 8232 -610 -479 -601 -564 8232
8352 -470 -344 -471 -439 8352
8561 -261 -135 -262 -230 8561
8770 -52 74 -53 -21 8770
8980 158 284 157 189 8980
9018 9042 196 328 207 245 9042
9048 9067 226 357 235 271 9067
9173 9192 351 482 360 396 9192
9398 576 702 575 607 9398
9471 9509 649 785 667 709 9509
9651 829 955 828 860 9651
9905 1083 1209 1082 1114 9905

Nasdaq Close 2029 1967 2013 2009
day prior

Monday Friday
1418 1420 -611 -549 -594 -590 1420
1415 1412 -614 -553 -600 -596 1412
1478 -551 -489 -535 -531 1478
1528 -501 -439 -485 -481 1528
1550 -479 -417 -463 -459 1550
1478 1456 -551 -495 -546 -548 1456
1492 1479 -537 -478 -528 -527 1479
1562 1556 -467 -407 -454 -452 1556
1622 -407 -345 -391 -387 1622
1694 -335 -273 -319 -315 1694
1766 -263 -201 -247 -243 1766
1783 -247 -185 -231 -227 1783
1846 -183 -121 -167 -163 1846
1910 -119 -57 -103 -99 1910
1973 -56 6 -40 -36 1973
2056 2063 27 91 47 52 2063
2055 26 88 42 46 2055
2175 2180 146 209 165 170 2180

SP500 Close 1167 1141 1163 1162
day prior

Monday Friday


978 -189 -163 -185 -184 978
1024 -143 -117 -139 -138 1024
1019 1020 -148 -122 -144 -142 1020
1032 1034 -135 -109 -130 -129 1034
1034 1035 -133 -107 -129 -127 1035
1040 1042 -127 -101 -122 -121 1042
1042 -125 -99 -121 -120 1042
1080 1082 -87 -61 -82 -81 1082
1070 -97 -71 -93 -92 1070
1116 -51 -25 -47 -46 1116
1162 -5 21 -1 0 1162
1167 1168 0 26 5 6 1168
1226 1230 59 86 65 67 1230
1226 1227 59 85 64 65 1227
1247 1248 80 106 85 86 1248
1223 56 82 60 61 1223
1274 1276 107 134 112 114 1276

ht
david