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Went out and bought both DeMark books...
Interesting stuff.
I understand where posts with different feellings about the books came from:
- The writing being unintelligible (It's bad sometimes. I found a couple
places that I actually believe he was writing a requirement for software
development and didn't change this text to get it into the book. Bad!)
- Indicators with nested ifs everywhere (Yep! When one considers his
objective: to determine the stopping point of the rising or falling knife,
this is understandable and I'd be more mystified if there weren't nested
ifs.)
- The books contain a deep understanding of the market (Yes! This would
definitely be clearer if the writing were clearer.)
I'm glad I have both books because I'm a book hound. But if I could only
buy one, I'd get the second one published in 1997.
2 questions:
- Anyone out there actually use DeMark stuff? Or tested it? Successfully?
And want to discuss details?
- What other texts are there in this great big world of T/A, that have the
express purpose of something like DeMark's: finding "Price Exhaustion"
points?
Steven Buss
sbuss@xxxxxxxxxxx
Walnut Creek, CA, USA
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