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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%4:00 PM EST

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To: Matthew L. Jones who wrote (27016)9/24/1999 8:41:00 AM
From: Jack of All Trades  Read Replies (1) of 99985
 
Matt,

To be honest, intraday if I saw a TRIN of 2.5 I would SAR and go long. 1.80 is not enough for me, doesn't show capitualation in this enviroment IMO, any other time without this negative news I probably would say oversold. I don't short @.50 which oppositely is 2.0 (1/.5) until it reverses. Case in point last friday many got burned trying to short on low TRIN of .5 .

Jeff
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