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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.19

-0.8%

4:00 PM EST

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To: HairBall who wrote (61129)	10/20/2000 10:58:21 PM
From: Gary Burton	Read Replies (1) of 99985

fwiw--At Wednesday's close, the 10day TRIN was .92 relative to 1.44 at the Oct98 Low, 1.92 at the Oct97 Low, 1.29 at the July 96 Low and 1.12 at the Nov94 Low.--- Like Pavlov's dog, maybe the complacency is due to conditioned reflex ie been there before/know what happens so I won't worry this time at the bottom--ie maybe the indicator is now useless since everyone because it is over-analysed. Waddya think?

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