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

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Dec 23 3:59 PM EST

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To: Doug R who wrote (513)	7/7/1997 3:20:00 AM
From: Mr.Creosote	of 1156

Doug and ST: I just finished iteration #1 of the DeMark Sequential. Given historical price data for a stock it finds all complete sequentials ("9's" followed by "13's") but does not qualify them. I am still working on putting in the qualifiers. I just ran an example (IOMEGA) over the last 2 years and found 7 complete but "unqualified" sequentials. Can one of you guys confirm the valid ones and offer your comments? Here is what my code put out: IOM SEQUENTIALS IN LAST 2 YEARS: "9" "13" TYPE 08/30/95 10/13/95 BUY 11/14/95 12/27/95 SELL 03/01/96 04/08/96 SELL 04/08/96 05/07/96 SELL 09/30/96 12/03/96 SELL 12/18/96 02/05/97 BUY 02/11/97 03/24/97 BUY Doug, is the third "SELL" countdown disqualified? For that one count 13 coincides with a fresh 9 setup. What about the others? I know the last "13" on 3/24/97 is valid because it was also reported on this thread by Duane Davis (the official DeMark S/W guy). It also proved to be a turning point for IOM but this is only an isolated example. ST, between the two of us it shouldn't be long before we know if the sequential has merit. I would appreciate it if you can publish your sequential result for IOM (or any other stock) so that we can compare notes. Finally, with this code in place and assuming we have the time and energy, we can vary the parameters and define and evaluate new "overbought" and "oversold" sequential signals slightly different from those given by DeMark. Does that make any sense to do? Best regards, John

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