10/8/2007

Artwork week of 10/1/2007


9/27/2007
Happy 9th!

As of Friday 7/20/2007 after 2nd missed ern out of 12 releases:

cameron looking for love with google

.... Our guy!

Notable Upgrades & Downgrades
2006-11-25 Barron's Negative (Previous close 505)
1-30-2006 Let's talk only products, earning forecasts, and objective readings of charts and technicals here.
Note on Demark Sequential A complete Demark Sequential count; either Buy or Sell consist of a series of 9 consecutive closes that are either lower or higher than the close 4 sessions prior. Simply put, any close that ends the streak can start a reverse count and such an event is called a reversal.
What usually happens in real time and real life is that professional traders never allow 9-0 sell or 9-0 buy counts to finish and often sell or buy ahead of it even as early as the 7-0 count. Whenever this happens, the charts will never reflect this.
There are software though, from vendors like Tradestation, CQG, Bloomberg that allow historic charts to post 7-0, 8-0 or even 6-0 counts to reflect the early entry by professional traders.
As a Demark Sequential trader for nearly 15 years, I don't jump in early. I almost always go with completed 9-0 counts. I find that they are the most timely.
SEQUENTIAL
INX 1-0 Sell (D) INX 2-0 Sell (W) INX 9-1 Sell (M)
RTY 5-0 Buy (D) RTY 1-0 Buy (W) RTY 6-0 Sell (M)
INDU 9-0 Sell (D) INDU 2-0 Sell (W) INDU 9-11 Sell (M)
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GOOG 2-0 Buy (D) GOOG 5-0 Sell (W) GOOG 1-0 Sell (M) Morning Star for April!
P I V O T 2006-05-01
GOOG Daily
r3 438.85 r2 429.42 r1 423.68 Pivot 419.99 s1 414.25 s2 410.56 s3 401.13
GOOG Weekly GOOG Weekly (Next Week)
r3 483.113 r3 483.113 r2 454.713 r2 454.713 r1 436.327 r1 436.327 Pivot 426.313 Pivot 426.313 s1 407.927 s1 407.927 s2 397.913 s2 397.913 s3 369.513 s3 369.513
GOOG Monthly GOOG Monthly (Last Month)
r3 544.443 r3 508.417 r2 481.653 r2 440.967 r1 449.797 r1 415.483 Pivot 418.863 Pivot 373.517 s1 387.007 s1 348.033 s2 356.073 s2 306.067 s3 293.283 s3 238.617
Paul |