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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: Michail Shadkin who started this subject7/24/2001 5:18:18 AM
From: Don Pueblo   of 6873
 
Daily Range Projection ™ COMPX July 24

high - 2018.20
low - 1957.86

Yesterday was unusual in that the COMPX opened above the high range projection and closed down for the day. An open outside the high or low usually suggests a continuation of the move in that same direction

I have received some PMs about the Daily Range Projection and how it is calculated, along with some "pats on the back" for some of the calls.

I wish I could take credit for the Daily Range Projection, but it was not invented by me. It was invented, and is copyrighted © and trademarked ™ , by Thomas R. DeMark, the most brilliant technical analyst in the world (IMHO). It is one chapter in one of his books. There are 13 chapters in the book that contains the Daily Range Projection information.

If you are interested in knowing how to calculate the Daily Range Projection, it is in the book, along with some other rather interesting things. You can order your own copy of his excellent book here:

amazon.com

I am not associated in any way with Mr. DeMark (but I wish I were <G>).
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