Friday, July 4, 2008

fri 7/4/2008 11:48am

happy fourth of july!

looking at aapl, the largest part of the chiu index, now at 17.74% with new shares this week.
important demark sequential counts completed wednesday.



  

2 comments:

  1. Hi Paul. I read the SI board for AAPL often and read your notes on the demark sequential counts.

    You mentioned that an 8 count is usually the best or worst in the series in either direction. Does that mean... if the 8 count closes below the session 4 days prior it usually closes way way down, or, does a bad 8 count need to be part of a sequence of days closing _lower_ than the close 4 sessions prior?

    Thanks,

    Paul G

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  2. hi pg,

    i did a historical monthly sequential study on the sp500 for as much time series as i could gather.

    here are the sequential counts. see those 8's for yourself.

    http://chiuindex.blogspot.com/2007/12/spx-with-sequential-counts-through-nine.html

    paul

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