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Technology Stocks : Stock Swap
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To: ViperChick Secret Agent 006.9 who wrote (9932)12/2/1997 9:17:00 AM
From: Trader X  Read Replies (1) of 17305
 
for the morbidly curious...TRIN is calculated as

(adv/decl) / (adv vol/decl vol)

so it really is a measurement of momentum, ie- rising prices on falling volume.

Tick is a favored measurement of the OEX options crowd, indicating extreme overbought/oversold conditions, very different use than that of TRIN.
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