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Strategies & Market Trends : Sharck Soup
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To: cthd who wrote (26183)6/6/2001 11:50:56 AM
From: Dave Gore  Read Replies (1) of 37746
 
MSFT is currently a good indicator stock to watch. I am watching money flow much more lately and also the trending of the TICK and TRIN. With real time futures indicators, it seems to be a pretty powerful indicator of direction.
VIX is climbing a little but still below late January levels of 24-26 when the Market started to tank.

The TRIN at 1.50 is not indicative of a strong day but it has improved from 1.75 in the last half hour. We'll see...these indicators are really dynamic and snapshots are pretty worthless.
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