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Strategies & Market Trends : Tom Demark Indicators
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To: PETER COSTES who wrote (58)4/6/1997 2:08:00 PM
From: Joel Brussell   of 110
 
Hello Peter:

Though it definitely fits in the junk category APLX is showing a nine count down on the weekly chart according to Tradestation.
However it is in a freefall and I guess Demark suggests waiting for it to bounce back into the channel. Maybe something resembling a base in order before stepping in
Company has alreday pre- announced a loss for the quarter.
IFMX has same criteria on a nine count and upcoming loss
Weekly 9 count on BAY also but beware of earnings.
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