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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 (29840)	5/24/1999 8:26:00 PM
From: Magnatizer	Read Replies (1) \| Respond to of 79238

Market magnets 5.25.99 notes Dow: Weekly hold with close here Friday. 10852 utrend was top for today. It was tested but not for long. This dip will likely see a move back up in the near future as most tlines hold on for one last attempt at recovery from a breakdown. Nasdaq: Weekly sell with close here Friday. Break down today was on very low Volume. SP500: Weekly sell close here Friday. Nas100: Weekly sell close here Friday. Mond Tues Wed Thurs Fri DOW 30 Close 10829 10655 day prior Monday Friday (if sloped) 9651 -1178 -1004 9651 9651 9651 9769 9794 -1060 -880 9782 9788 9794 Top of Set of Three 9905 -924 -750 9905 9905 9905 10158 -671 -497 10158 10158 10158 10411 -418 -244 10411 10411 10411 10449 10482 -380 -198 10466 10474 10482 Not Mag but very key 10679 -150 24 10679 10679 10679 10852 10916 23 213 10884 10900 10916 Newest mag tline 10947 118 292 10947 10947 10947 11239 410 584 11239 11239 11239 Nasdaq Close 2520 2454 Next mag tline cross: day prior 6.7.99 Monday Friday 2055 -465 -399 2055 2055 2055 Strong 2283 2290 -237 -169 2287 2288 2290 2316 -204 -138 2316 2316 2316 2331 2320 -189 -126 2326 2323 2320 2332 2338 -188 -121 2335 2337 2338 12.23.94 to 10.20.95 2468 2471 -52 15 2470 2470 2471 2497 -23 43 2497 2497 2497 2599 2611 79 148 2605 2608 2611 1.14.99 to 3.16.99 2635 2644 115 183 2640 2642 2644 8.2.96 to 11.8.96 2655 135 201 2655 2655 2655 2782 2818 262 337 2800 2809 2818 2812 292 358 2812 2812 2812 2970 450 516 2970 2970 2970 3127 607 673 3127 3127 3127 3210 690 756 3210 3210 3210 SP500 Close 1330 1307 Next mag tline cross: day prior 5.31.99 Monday Friday 1162 -168 -145 1162 1162 1162 1206 1207 -124 -101 1207 1207 1207 1223 -107 -84 1223 1223 1223 1261 1262 -69 -46 1262 1262 1262 85 Line 1280 1281 -50 -27 1281 1281 1281 1300 -30 -7 1300 1300 1300 1322 1325 -8 16 1324 1324 1325 9.18.97 to 6.24.98 1340 1342 10 34 1341 1342 1342 New Mag Tline cross 1347 1349 17 41 1348 1349 1349 86 Line 1374 1381 44 69 1378 1379 1381 1424 1434 94 120 1429 1432 1434 1434 1436 104 128 1435 1436 1436 1447 117 140 1447 1447 1447 1593 263 286 1593 1593 1593 NDX Close 2114 2061 day prior Monday Friday 1888 -226 -173 1888 1888 1888 1975 -139 -86 1975 1975 1975 Strong 2030 -84 -31 2030 2030 2030 2084 -30 23 2084 2084 2084 2177 63 116 2177 2177 2177 2269 155 208 2269 2269 2269 2288 2312 174 233 2300 2306 2312 2362 248 301 2362 2362 2362 2454 340 393 2454 2454 2454 ht david