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Technology Stocks : Apple Inc.
AAPL 263.93+1.7%12:43 PM EST

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To: Henry J Costanzo who wrote (69910)10/9/2007 9:08:42 AM
From: Paul Chiu  Read Replies (1) of 213183
 
I don't understand any of those numbers, Paul <g>...but the word "sell" appears four times..

Are you suggesting AAPL should be sold here...???


in short, no henry.

those sequential counts (i left instructions in the thread profile) are reversal counts. once completed to 9-0 sell, then the up leg is completed. conversely, a longer cycle can take place at 9-0 sell all the way to 9-13 sell. that covers the up legs. the reverse moves are counted with up to 9-0 buys....etc.

these demark sequential counts are now live on bloomberg professional terminals and have been used by the likes of soros and robertson since the 80's, developed by tom demark..

i run the counts myself and get live feeds on my tradestation and bloomberg for time frames down to 1 minutes and up to quarters.

paul

ps. i think henry, you were confused yesterday that i was "concerned" as my counts were "sell", when they are actually bullish... sorry for that.

later!
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