Set the Controls For The Heart of the SUN Message Board

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

IQ 2.245

+2.3%

Nov 19 3:59 PM EST

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To: Mark who wrote (550)	7/20/1997 11:57:00 PM
From: Mr.Creosote	of 1156

ST, I just finished packing up for a week-long vacation. Will look at your symbols when I return and will give you some more. As far as the 4 DeMark entries I know they are: 1. Enter immediately after the "13" occurs 2. Enter after a CLOSE higher than the CLOSE 4 days ago (BUY) 3. Enter after a CLOSE higher than the HIGH 2 days ago (BUY) 4. Enter on the first day that CLOSES higher than it OPENS (BUY) Reverse 2,3,4 for sells. Clearly, Tom does not have a solid entry mechanism for the sequential and this is indicated by the relatively large number of entry techniques he is proposing. Remember, a trade does not begin until you ENTER the market and this in my opinion is the weakest link of this indicator. Because I believe the sequential has merit I plan to spend some time when I am back looking for a better entry which would hopefully increase the successful trades. Claud's moving average cross-over sounds interesting but without some backtesting he (and we) will never know. Best of luck next week, this market is looking like its ready for further increases in volatility. JS

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