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Strategies & Market Trends : The Rational Analyst

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To: HeyRainier who wrote (511)	3/25/1998 10:18:00 PM
From: Vitas	Read Replies (2) of 1720

ThomasDeMark Expert Indicator: TD REI = -71.24 unchanged. TD Channel II high = 32.6022, low = 31.5282. Sequential Setup is at 8 down. Prepare for a possible valid 'Nine Count' Setup Down on the next bar. REI is in oversold territory and it's value is still declining. Generally, you should expect the market to turn up soon. Consult the other indicators and the Special Condition Report for confirming evidence of a possible bottom. The low of the bar has exceeded the lower channel boundary yet closed within the channel. This is normally a bullish indication. Expect the market to move higher. ** Special Condition Report ** The relative position of all the indicators suggests a significant bottom is forming. Look for bullish price action within the next two bars to confirm this analysis. Hi, I've notice your posts using the sequential , so: Is a sequential 8 down the standard sequential signal, or is it some sort of subset? Can you give me an idea of what to look for in terms of confirmation, or other indicators to filter this signal? The stock is WMB (Williams Cos.) Thanks, Vitas

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