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Pastimes : All Clowns Must Be Destroyed

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To: Lucretius who wrote (39497)6/13/2000 6:13:00 PM
From: pater tenebrarum  Read Replies (1) of 42523
 
i honestly have NO idea what this signifies at this point in time...it is truly bizarre. normally combined with high positive tick readings i would interpret such a TRIN divergence as a sign of distribution, but i have never before seen such an extreme divergence in an up market. as with many t/a indicators, this is yet another one that is exploring new extremes in the mania.
this is very unusual, and seems to me to be a non-confirmation signal. note many commentators feel this 'oversold' NYSE 10-day TRIN is bullish. but how can the trin rise so sharply in a rally, unless it indicates sneaky selling?
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