Sunday Countdown 5/12/08
Tom DeMark has had a successful career as as an institutional trading advisor and analyst, with clients ranging from IBM and Union Carbide to Paul Tudor Jones and, currently, Steve Cohen of SAC Capital.
'The original TD Sequential and Combo signals are still viable, which might be surprising considering they were created in the mid-70's.' What is the unifying principle of your work? 'I think 95% of it is price exhaustion.' -- Interview With Tom Demark, Futures & Options Trader, April 2007
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There's an Oil & Gas theme here, but when you get a series of failed TD Sequential or TD Combo 13's it can sometime indicate that the underlying trend is so strong you should stay with it.
So it's a question of reading the action as best you can.
