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good job seth.
i sold 25 contracts on the inadvertence.
-----Original Message-----
From: Sethw2@xxxxxxx <Sethw2@xxxxxxx>
To: Omega-list@xxxxxxxxxx <Omega-list@xxxxxxxxxx>
Date: Friday, April 09, 1999 9:31 AM
Subject: DeMark
>Here is Tom DeMark's last "accidental" post to this list...A wonderful call
>for a sell signal on November 26, 1998...Gotta love these gurus.
>
>
>-------
>
>11-26-98 Thursday morning 12:40am IMPORTANT
>
>Stock market: I sent you a chart of the Dow Future/Dow Cash which
>indicates the market is currently at high risk. Over the past 2 days, I
>have been exhaustively reviewing the early "13" patterns as well as the
>standard "13" patterns for a period of 20+ years. Although it is still
>preliminary, I believe the conclusion is correct—namely, if the S and P
>future fails to record a high above 1208.50 before it close less than
>the close 4 days earlier, it is likely that the market is at an
>important top. In other words, if Friday’s close is below last Friday’s
>close(1167.50) of next Monday’s close is below this past Monday’s
>close(1194.10), an important top will have been completed PROVIDED that
>in the meantime the market has not traded above 1208.50. There exists a
>stronger likelihood the decline will begin on Monday and this was
>mentioned in my comments yesterday. Furthermore is Monday’s high is
>above Friday’s high, then a sell signal will be given at last Monday’s
>closing price level(1194.10) if the market opens above that price level.
>
>I will continue to review this information and should have more
>conclusive information later today(Thursday) or Friday. The same thing
>applies to the NASDAQ Index and a number of the internet stocks.
>
>
>
>
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