This text is printed on acid-free paper.

Copyright © 1994 by Thomas R. DeMark

Published by John Wiley & Sons. Inc.

All rights reserved. Published simultaneously in Canada.

Reproduction or translation of any part of this work beyond that permitted by Section 107 or 108 of the 1976 United States Copyright Act without the permission of the copyright owner is unlawful.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the publisher and the author are not engaged in rendering legal, accounting, or other professional services. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.

Library of Congress Cataloging in Publication Data:

DeMark. Thomas R., 1947–

       The new science of technical analysis / Thomas R. DeMark.

           p. cm. — (Wiley finance editions)

      ISBN 0-471-03548-3 (acid-free paper)

       1. Investment analysis. 2. Stock price forecasting. 3. Financial instruments—Prices—Forecasting. I. Title. II. Series.

HG4529.D46  1994

332.6—dc20                                                                                                                                            94-18145

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