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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Paul Shread who wrote (9578)6/20/2001 10:42:01 AM
From: TechTrader42  Read Replies (1) of 52237
 
Yes, isn't that something, in the midst of this blazing rally? The Nasdaq TRIN is over 1, too (bearish). And the Nasdaq TICK is negative, and below -300 (bearish). The TICK, while positive, is falling. So what's it all mean? Deja vu all over again? Like yesterday? I have no idea.

Well, the TICK just turned negative, too. How about that. Not too sunny a picture. It is sunny in New York today, and the market, whose performance is tied to the weather, is up. But the TRIN and TICK make me wonder whether a cloudy day is in the offing. I think I'm going to sell the TRIN and TICK to weather forecasters, as a new tool. Doppler TRIN and Doppler TICK, for your latest weather!
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