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Strategies & Market Trends : Tom Demark Indicators

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To: Joel Brussell who wrote (52)	3/31/1997 7:14:00 PM
From: PETER COSTES	of 110

Hello Tom Demark claims the trend is not your friend. I to bought some April 17.5 when the price of the stock was 16. I lost money today but I believe I am better off being early than late. The support at 15$ has held and there has been no bad earnings announcement. When the shorts cover the stock could rebound to 24$. I also bought Bay at 15.5 the other day and sold at 16.5. Tom was right on with Bay this time.

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