Is DeMark credible?
http://www.distresse...decline-on.html
Tom DeMark, CEO of Market Studies
Started by
darnelds
, Feb 23 2011 11:23 AM
1 reply to this topic
#2
Cirrus
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Posted 23 February 2011 - 12:17 PM
He had his days in the sun years ago...there are no 'gurus' that are right all the time, IMO. It does look like market movement and news will force some sort of ST to IT correction but to what levels?
Still holding all those 'cheap' QQQQ puts I mentioned days ago, luckily. I think this will end in a volatiilty spike. I see the QQQQ as especially vulnerable.
