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 4-0 Sell (D)
INX 1-0 Sell (W) Morning Star!
INX 6-0 Sell (M) Still running fine in monthly, maybe weekly can extend pass 9-0 Sell
RTY 4-0 Sell (D)
RTY 9-6 Sell (W)
RTY 6-0 Sell (M)
INDU 4-0 Sell (D)
INDU 1-0 Sell (W)
INDU 6-0 Sell (M)
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GOOG 3-0 Sell (D)
GOOG 4-0 Sell (W)
GOOG 1-0 Sell (M) Morning Star Forming but April is still early
P I V O T 2006-04-21
GOOG Daily
r3 428.667
r2 420.867
r1 417.933
Pivot 413.067
s1 410.133
s2 405.267
s3 397.467
GOOG Weekly GOOG Weekly (Next Week)
r3 456.167 r3 531.35
r2 429.527 r2 481.85
r1 417.843 r1 463.10
Pivot 402.887 Pivot 431.97
s1 391.203 s1 413.22
s2 376.247 s2 382.09
s3 349.607 s3 332.21
GOOG Monthly
r3 508.417
r2 440.967
r1 415.483
Pivot 373.517
s1 348.033
s2 306.067
s3 238.617
2006-04-23
Here are the latest Geographical Breakdowns on Google.
S A L E S
2003 2004 2005 2yrGrowth
US 707.86 2104.89 3756.89 137.92%
Int'l 254.01 1084.34 2381.67 223.26%
Clearly, goog is growing faster overseas than in the US.
Paul
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