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Strategies & Market Trends : Tom Demark Indicators

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To: Tom Trader who wrote (83)	4/19/1997 7:48:00 PM
From: PETER COSTES	of 110

Hello : I believe the Dow and the S&P will go down starting on Monday and go all the way down to at least 6250. The light at the end of the tunnel is a steaming locomotive ready to run over us little guys. There is a nice head and shoulders forming on Coca-Cola and I plan to buy puts and lots of them. The reliability of the bigger Caps pays off much better than the unpredictable little caps. For examble I made a bundle on Gillette and Cat last week. I am still waiting for a final countdown # 13 on Scientific Atlanta and that is all I can find using the Sequential Indicator. When trading options reliable stock behavior is a must. I also plan to trade the S&P in 1998. Also look for buying oportunities in Ascend and Cisco. Good luck to you all next week.

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