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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 (28842)	4/28/1999 9:31:00 AM
From: bdog	Read Replies (1) \| Respond to of 79233

Thanks for the mag reads David. If anybody here has not checked out the magic of these suckers, ya should. Just did a "auto" mag of ASL and left extended a down tline, then showed the whole history of the stock and BINGO! it was at the all time high! Ya gotta love this stuff. Nice work Youngblood! Also those mag tline intersections are cool, HWL for example, reversing afterwards... it showed up on the Hybrid again and sauced this time... liking it a lot here breaking the 200 SMA with my only reservation on the low volume having me a bit spooked... on missing nut moves, what song do you sing when that happens...>g< my all time kicking myself stock GNET showed a high of 1385 in Q+... may have to change the tune to "hanging myself" if that was not an error!!!!!!! INOD... kicking myself 2 times now on missing b/o's CLNTF with an IHS in the 3RSI... shoulda kept it... singing... bautomagdog

To: Magnatizer who wrote (28842)	4/28/1999 9:18:00 PM
From: Magnatizer	Read Replies (1) \| Respond to of 79233

Market magnets 4.29.99 notes Dow: Sniffed the 10947 mag today. Still looks fine, albeit, a bit on the overbought side on mid term indicators. Weekly buy in tact. Likely to dip and reset the mid term techs. Nas: Lost 2591 utrend on close. Looking like it wants to fill gap to 2489 and possibly the one to 2410. Weekly buy still in tact here. SP500: Lack of return to 1368 utrend after it acted as resistance yesterday is a warning shot. Loss of 86 line (1340 utrend) would be yet another. Weekly buy rating in place with close here friday. NDX: Lost key 2172 utrend today. Still a weekly buy with close here. Overall I feel this pullback is going to present a nice short term buying opportunity. I am watching the nas gap fills for signs of support coming in to position myself into long positions. I feel we will move up into May 10 once this very short term buying op plays out. Mond Tues Wed Thurs Fri DOW 30 Close 10690 10719 10832 10846 day prior Monday Friday (if sloped) 9651 -1039 -1068 -1181 -1195 9651 9905 -785 -814 -927 -941 9905 10158 -532 -561 -674 -688 10158 10279 10316 -411 -431 -535 -539 10316 10411 -279 -308 -421 -435 10411 10513 10583 -177 -189 -284 -281 10583 10679 -11 -40 -153 -167 10679 10947 257 228 115 101 10947 11239 549 520 407 393 11239 Nasdaq Close 2591 2652 2602 2550 day prior Monday Friday 2055 -536 -597 -547 -495 2055 2241 2249 -350 -409 -357 -303 2249 2304 2310 -287 -347 -295 -242 2310 2316 -275 -336 -286 -234 2316 2386 2377 -205 -268 -221 -171 2377 2497 -94 -155 -105 -53 2497 2591 2600 0 -59 -7 48 2600 2625 2659 34 -19 40 101 2659 2655 64 3 53 105 2655 2812 221 160 210 262 2812 2970 379 318 368 420 2970 3127 536 475 525 577 3127 3210 619 558 608 660 3210 SP500 Close 1357 1360 1363 1351 day prior Monday Friday 1162 -195 -198 -201 -189 1162 1199 1200 -158 -161 -164 -151 1200 1223 -134 -137 -140 -128 1223 1254 1255 -103 -106 -109 -96 1255 1274 1275 -83 -86 -89 -76 1275 1303 1307 -54 -56 -58 -45 1307 1300 -57 -60 -63 -51 1300 1340 1341 -17 -20 -23 -10 1341 1368 1378 11 11 10 25 1378 1427 1429 70 68 65 78 1429 1447 90 87 84 96 1447 1593 236 233 230 242 1593 NDX Close 2210 2261 2207 2150 day prior Monday Friday 1888 -322 -373 -319 -262 1888 1975 -235 -286 -232 -175 1975 2030 -180 -231 -177 -120 2030 2084 -126 -177 -123 -66 2084 2177 -33 -84 -30 27 2177 2172 2193 -38 -84 -25 38 2193 2269 59 8 62 119 2269 2362 152 101 155 212 2362 2454 244 193 247 304 2454 ht david