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<DIV><FONT color=#000000 face=Arial size=2>speaking of that book, what I've been
struggling with is what DeMark calls "selection options".</FONT></DIV>
<DIV><FONT color=#000000 face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>has anybody successfully figured out what these are
[or why they are provided?].</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>for example, beginning on page 215 under the
TD-Rebo section, a Twenty-Point list is given of "various selection
options"...</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2><FONT color=#000000>I </FONT>have been curious for
a long time to understand how these "selection options" relate to
"new market timing techniques" [which is the title of the
book].</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>anybody?</FONT></DIV>
<DIV> </DIV>
<DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>-----Original Message-----<BR>From: <A
href="mailto:TAOTRADER@xxxxxxxxxxx";>TAOTRADER@xxxxxxxxxxx</A> <<A
href="mailto:TAOTRADER@xxxxxxxxxxx";>TAOTRADER@xxxxxxxxxxx</A>><BR>To:
RealTraders Discussion Group <<A
href="mailto:realtraders@xxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxx</A>><BR>Date:
Wednesday, April 07, 1999 3:51 PM<BR>Subject: Re: GEN: Re: Tom Demark's
Seq/Combo<BR><BR></DIV></FONT>:About two years ago I spent *weeks* coding
DeMark's TD Combo and TD Sequential. When I got it all done, I was amazed
to see that it picked certain turning points with uncanny accuracy. Even
more amazing was how many more turning points it failed to pick with uncanny
inaccuracy. What a crock. I also coded many of the other indicators
from his book *New Market Timing Techniques.* My testing results, despite
my unbridled optimism, were similarly unimpressive.<BR>:<BR>:I think the best
lesson DeMark has to offer is that reading his books and wading through his
complex and rule-bloated analytical techniques really brings home one of the
cardinal rules of trading: K.I.S.S.<BR>:<BR>:No wonder he doesn't
trade!<BR>:<BR>:Jeff Kingery<BR>:----------</DIV>
<DIV> </DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
<DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From:
</B>Peter M. Beckwith <<A
href="mailto:capstone@xxxxxxxxxxxxxxx";>capstone@xxxxxxxxxxxxxxx</A>><BR><B>To:
</B>RealTraders Discussion Group <<A
href="mailto:realtraders@xxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxx</A>><BR><B>Date:
</B>Wednesday, April 07, 1999 4:15 PM<BR><B>Subject: </B>Re:
Sequential<BR><BR></DIV></FONT>
<DIV><FONT color=#000000 size=2>Steve et al.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT size=2>IMHO, the Tom DeMark material is satisfying to the
beginning trader because it gives them the idea that they can get in there
and buy the low tick and sell the high tick. If you notice when you
are reading these books, DeMark puts so much effort into finding those
turning points. I wonder if anyone ever told him that you don't need
to be the first guy in to make a living at it. </FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>I still can't get over the fact that the guy actually took
the time to get all of those indicators trademarked. That is so
arrogant. Seriously, we could all break out the charts and create a
pattern and then get it trademarked. I still don't think that alone
would guarantee us any trading success.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Pete Beckwith</FONT></DIV></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Wed Apr 07 12:51:10 1999
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About two years ago I spent *weeks* coding DeMark's TD Combo and TD Sequential. When I got it all done, I was amazed to see that it picked certain turning points with uncanny accuracy. Even more amazing was how many more turning points it failed to pick with uncanny inaccuracy. What a crock. I also coded many of the other indicators from his book *New Market Timing Techniques.* My testing results, despite my unbridled optimism, were similarly unimpressive.
I think the best lesson DeMark has to offer is that reading his books and wading through his complex and rule-bloated analytical techniques really brings home one of the cardinal rules of trading: K.I.S.S.
No wonder he doesn't trade!
Jeff Kingery
----------
>
> Jeffrey and others interested in DeMark's Combo/Sequential:
>
> I've coded up my interpretation of combo and sequential and put it onto
> various charts to see if it seemed to reliably point out turning points.
> I couldn't see that it did so at all, it just seemed to point out fairly
> random locations in the charts I looked at. I quickly gave up bothering
> with it.
>
> I _think_ I coded it up correctly, but his descriptions are pretty arcane,
> so there's no telling, and of course coding errors are not beyond me either.
>
> But I believe I had it right.
>
> If someone else has found it to be reliable, I'd sure like to hear about
> all the different markets/time periods that demonstrate it. I did find
> a few, and a alot more that didn't...as I said, random.
>
>
> -Kevin
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