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

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To: username who wrote (613)	2/6/1998 3:05:00 PM
From: Dave H	of 1156

Now here's an interesting one: I ran my scan on the nasdaq index and I got a sell sequential very near the october "crash". There was a recycle during it, but the range of the recycle (ie a setup within the sequential countdown) was less than the range of the sequential's original setup, and in demark's second book he mentions that you can sometimes ignore recycles that have a range smaller than the range of the original setup. Thus you could see this sequential as a valid one. At any rate, history has already told us that it did correctly find a low risk sell area, albeit a few weeks early... ;) here it is: (sorry I don't include the dates of the recycle; again, my program is bare bones right now!) SETUP DAY #1: 970902.0- \| O:1595.07\| H:1618.38\| L:1587.32\| C:1618.09\| V:583900.0 SETUP DAY #2: 970903.0- \| O:1619.96\| H:1629.44\| L:1616.23\| C:1618.24\| V:652500.0 SETUP DAY #3: 970904.0- \| O:1618.0\| H:1626.75\| L:1616.55\| C:1624.63\| V:669800.0 SETUP DAY #4: 970905.0- \| O:1633.01\| H:1639.9\| L:1624.64\| C:1635.77\| V:644400.0 SETUP DAY #5: 970908.0- \| O:1641.72\| H:1648.7\| L:1635.77\| C:1645.35\| V:648000.0 SETUP DAY #6: 970909.0- \| O:1646.59\| H:1659.37\| L:1645.04\| C:1656.22\| V:711400.0 SETUP DAY #7: 970910.0- \| O:1655.67\| H:1657.13\| L:1639.16\| C:1639.25\| V:724200.0 SETUP DAY #8: 970911.0- \| O:1635.31\| H:1640.89\| L:1620.52\| C:1639.86\| V:708000.0 SETUP DAY #9: 970912.0- \| O:1642.98\| H:1649.89\| L:1633.65\| C:1649.33\| V:691000.0 INTERSECTION: 970912.0- \| O:1642.98\| H:1649.89\| L:1633.65\| C:1649.33\| V:691000.0 Countdown day #1: 970912.0- \| O:1642.98\| H:1649.89\| L:1633.65\| C:1649.33\| V:691000.0 Countdown day #2: 970915.0- \| O:1649.76\| H:1654.74\| L:1634.76\| C:1634.92\| V:663600.0 Countdown day #3: 970916.0- \| O:1643.79\| H:1669.18\| L:1634.92\| C:1668.6\| V:745300.0 Countdown day #4: 970917.0- \| O:1673.66\| H:1675.69\| L:1662.53\| C:1666.47\| V:770000.0 Countdown day #5: 970918.0- \| O:1671.57\| H:1680.18\| L:1666.47\| C:1670.02\| V:718200.0 Countdown day #6: 970919.0- \| O:1668.87\| H:1686.7\| L:1665.29\| C:1680.36\| V:679900.0 Countdown day #7: 970922.0- \| O:1684.31\| H:1697.32\| L:1680.35\| C:1689.45\| V:703700.0 Countdown day #8: 970923.0- \| O:1691.98\| H:1697.36\| L:1686.26\| C:1697.36\| V:755200.0 Countdown day #9: 970924.0- \| O:1700.69\| H:1702.95\| L:1684.79\| C:1687.41\| V:784500.0 Countdown day #10: 970929.0- \| O:1685.3\| H:1695.53\| L:1680.62\| C:1694.98\| V:635500.0 Countdown day #11: 970930.0- \| O:1691.18\| H:1695.06\| L:1685.21\| C:1685.69\| V:779700.0 Countdown day #12: 971001.0- \| O:1690.79\| H:1696.63\| L:1680.76\| C:1690.3\| V:970700.0 Countdown day #13: 971002.0- \| O:1693.34\| H:1702.93\| L:1690.27\| C:1702.41\| V:705000.0 Status: Recycled Recycle Range: 68.02002 Setup Range: 72.05005 Perfection Day: 971014.0- \| O:1744.83\| H:1747.05\| L:1723.28\| C:1732.79\| V:749300.0

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