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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (7126)12/14/2000 12:50:04 PM
From: James Strauss  Read Replies (2) of 13094
 
Watch The TRIN...
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TRIN reflects Advance/Decline Numbers and Volume of those stocks to the upside and downside...

When it's above 1.0 the market is usually negative... When it's below 1.0 and heading down, the market is usually positive...

A look at the TRIN shows that we have negative market breadth... finance.yahoo.com^STI.N&d=5d

Not a good time to be long... We should see the indicator heading down after the FED meeting... If it doesn't, there is more selling to be done...

Jim
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