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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (9479)	8/9/2001 8:39:55 AM
From: bcrafty	Read Replies (1) of 209892

Alan, what are they talking about as far as oversold TRIN readings? Do you know anything about this for a fact? I've been hearing about this since Richard Arms appeared on CNBC with some charts going to 1980 to support his assertions. I looked for myself on stockcharts.com going to 1990 (as far back as it will go) and I didn't get any TRIN data before 1992, and a 50 dma of 1.16. In other words we don't look any more oversold now than we have all year. The $TRINQ is not much different. stockcharts.com[m,a]wac... I hope that someone can post a chart that showed Arms' data so that we can see what he was referring to.

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