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Strategies & Market Trends : MDA - Market Direction Analysis

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To: Dnorman who wrote (21019)	7/24/1999 7:12:00 PM
From: James F. Hopkins	Read Replies (1) of 99985

I see Don just gave it to you, just remember the TRIN is not always a usable indicator, there is no fixed arbitrary number that's good or bad, it's all in the relative motion, and when there isn't much don't get hung up trying to read some fixed point as good or bad I did taht and it don't work better than flipping a coin. The trin is useful only when its in more motion than normal to see that motion in detail you need to use 60 min or 30 min charts. Jim

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