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Re: DeMark



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-----Original Message-----
From: Thaddeus Peacock <thenoz@xxxxxxxxxxxx>
To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
Date: Friday, December 04, 1998 11:44 AM
Subject: DeMark


:He told me personally that he had edited his second (and far superior)
:book, " New Market Timing Techniques " after a seminar for CBOT
:traders.  Because of that, I bought his second book.  It is one of the
:two books that I keep at my side.  I believe it will help ANY trader.
:
:Thad




With no dis-respect meant towards Tom (nor towards the brave lady who wrote
the above endorsement using her real name), I found Tom's second book to be
slightly more difficult to follow than his first one.

For example, while Tom points out the many virtues of "TD Rebo" (over 5
pages worth of virtues) what is neglected is an explanation of TD Rebo.

I am told what the TD Rebo "selection options" are, but not the rules.  This
appears to be more of a sales brochure for a set of indicators, when all
along I thought I was purchasing a book full of "timing techniques" as the
title alludes.

Thad: given your long experience with Tom's book by your side, perhaps you
won't mind giving us a brief explanation, in layman's terms, of how TD Rebo
works and its basic construction..?

Thanks in advance.

Dtrader