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Strategies & Market Trends : Set the Controls For The Heart of the SUN

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To: Sergio H who wrote (295)	5/31/1997 11:36:00 AM
From: Doug R	of 1156

Sergio, "Two day flip" is the wording DeMark chose to describe a price pattern that would, to him, confirm the safety of entry into a stock after the countdown is completed. I know it sounds like flipping in the sense of what is done with many IPO's on their first day public but it doesn't refer to that. When it closes higher than 2 days before, it is said to have flipped. A 4 day flip is when it closes higher than 4 days before. Both cases would confirm the sequential. This confirmation is not required but suggested. The 4 day is supposed to be safer than the 2 day which is supposed to be safer than not waiting for a flip. Once you get in based on a sequential, you're on your own as to when to get out. Some sequentials happen at major turning points while others just signal varying degrees of correction in the current trend. RWIN could go to 30, 34 or 40. Remember, it's not you flipping the stock, it's the stock flipping to the upside after completion of the countdown as a signal for safer entry. Doug R PS I'll check out that website when I can, thanks.

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