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Strategies & Market Trends : NetCurrents NTCS

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To: Chip McVickar who wrote (4604)	11/14/2000 6:27:51 PM
From: Ally	Read Replies (1) of 8925

"The Trin is best used as an indicator of intra-day strength. A value of 1.0 is neutral with the lower values as bullish and higher values as bearish. A value...0.75 or less indicates strength -- 1.20 or higher indicates weakness. A value of about 0.5 or less after the first hour of trading gives a high probability of a strong continuing rally for that day." I like this one... thanks for sharing Chip..will be keeping an eye on how well it works. How about $TICK?? I know it's not volume, but in your experience, is it a useful leading indicator?

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