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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 (27813)3/28/1999 2:59:00 PM
From: Sergio H  Respond to of 79180
 
David, thanks for the read. Particularly like the optimism on the small caps. I'm loaded and ready even though last week there was a huge outflow of money from the small cap funds. I'm sure that you've seen the data. ROCK R2K ROCK !!!!

AS



To: Magnatizer who wrote (27813)3/29/1999 11:23:00 PM
From: Magnatizer  Read Replies (1) | Respond to of 79180
 
Market magnets 3.30.99

notes

Dow mids 2/3 up, 1/3 down. Weekly close here would be a buy
]rating
(remember this line folks). Threoretical data hit 10090
today which is pretty close to the 10099 utrend. This is the best
test of this uptrend since it formed. Still need to get to 10199
utrend to be considered mag bullish. Trepid is still my word for Dow.

Nasdaq: All mids up. Weekly close here would be a buy
rating
. Looking very strong, test of 2550 utrend likely.
Ripped through resistance today. Blew away even my bullish
expectations noted in yesterdays mag notes

SP500: Mids 2/3 up 1/3 down. Weekly close here would be a buy
rating.
Needs to reach 1315 utrend ASAP. Its failure to reach
this important mag tline was the only negative I could find today.
Expect it to take care of business this week.

Nas 100: All mids up. Weekly close here would be a buy
rating
. 2269 is mag neutral zone. A run at upper 2300s over the
next 2 weeks is not out of the question.

Mond Tues Wed Thurs Fri
DOW 30 Close 9822 10007
day prior

Monday Friday
(if sloped)

8980 -842 -1027 8980 8980 8980
9398 -424 -609 9398 9398 9398
9387 9407 -435 -615 9397 9402 9407
9425 9444 -397 -577 9435 9439 9444
9554 9579 -268 -447 9567 9573 9579
9651 -171 -356 9651 9651 9651
9905 83 -102 9905 9905 9905
10099 10135 277 101 10117 10126 10135
10158 336 151 10158 10158 10158
10199 10262 377 208 10231 10246 10262
10411 589 404 10411 10411 10411

Nasdaq Close 2421 2493
day prior

Monday Friday

1846 -575 -647 1846 1846 1846
1910 -511 -583 1910 1910 1910
1973 -448 -520 1973 1973 1973
2055 -366 -438 2055 2055 2055
2201 2210 -220 -290 2206 2208 2210
2276 2282 -145 -216 2279 2281 2282
2316 -105 -177 2316 2316 2316
2444 2431 23 -52 2438 2434 2431
2477 2510 56 -8 2494 2502 2510
2497 76 4 2497 2497 2497
2550 2559 129 59 2555 2557 2559
2655 234 162 2655 2655 2655
2970 549 477 2970 2970 2970

SP500 Close 1283 1310
day prior

Monday Friday

1116 -167 -194 1116 1116 1116
1162 -121 -148 1162 1162 1162
1192 1193 -91 -118 1193 1193 1193
1223 -60 -87 1223 1223 1223
1248 1249 -35 -62 1249 1249 1249
1268 1269 -15 -42 1269 1269 1269
1287 1290 4 -22 1289 1289 1290
1300 17 -10 1300 1300 1300
1315 1325 32 8 1320 1323 1325
1334 1335 51 24 1335 1335 1335
1416 1418 133 107 1417 1418 1418
1447 164 137 1447 1447 1447

NDX Close 2067 2145
day prior

Monday Friday

1800 -267 -345 1800 1800 1800
1888 -179 -257 1888 1888 1888
1975 -92 -170 1975 1975 1975
2030 -37 -115 2030 2030 2030
2066 2087 -1 -74 2077 2082 2087
2084 17 -61 2084 2084 2084
2177 110 32 2177 2177 2177
2269 152 124 2269 2269 2269

ht
david