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Strategies & Market Trends : Tom Demark Indicators
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To: Joel Brussell who wrote (9)3/12/1997 9:05:00 PM
From: PETER COSTES   of 110
 
Hello Joel:

Yes, I agree that Bay has a solid foundation at these prices. Major support at
18$. Insiders sold some shares at 31$ and there is room to move up from here. The sequential indicators are as easy as counting to nine. "When a series of nine consecutive closes are lower than the close four bars earlier, or converesely,when a series of nine consecutive closes are higher than the close four bars earlier, a price reversal----or at least a price hiccup or sideways movement----often occurs."
Walter Bressert Cycletrader finds the highs and lows of cycles. Never buy when the cycle is at the top and never sell when the cycle is at the bottom. Its that simple.Check web page at bressertgroup.com.

Also, keep an eye on Atmel for a long position and a possible short on
Texas Instrument and Humana.
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