[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Tom DeMark



PureBytes Links

Trading Reference Links

> 3) Any comments on either of his published books "The New Science of
> Technical Analysis" or the latest one "New Market Timing Techniques"?
> 
I read Thom DeMark's book, "The New Science of Technical Analysis," and
found it froth with over-simplifications of market activity. When he
discussed any pattern, there where always similar patterns lurking on
the same chart that behaved opposite to his analysis. I also found his
prose a bit too labored, and found myself editing much of his writing so
I could better understand the concepts.

If Tom's trading record was examined, he probably fair no better than
anyone else flipping a coin.

Ralph Volpe