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Strategies & Market Trends : Guidance and Visibility
AAPL 268.22-0.5%1:13 PM EST

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To: keithcray who wrote (11451)8/18/2001 7:33:21 PM
From: ChrisJP  Read Replies (1) of 208838
 
Hi Keith, I watch NYSE TRIN throughout the day, which I'm pretty sure is related to the ARMS index. I've been posting it on this thread as an indication of money flow in/out which reflects investor sentiment.

It hit 3.92 on Friday, which is INCREDIBLY high.

quote.yahoo.com^STI.N&d=c&t=1y&l=on&z=b&q=l

Also, the NASDAQ punched through its lower Bollinger Band, which a consider a much more reliable indicator that "its overdue for a rebound".

siliconinvestor.com

So I bought some QQQs near the close too. I wasn't smart enough to buy them under 38, cuz I was expecting more of a rebound near the close. I still hold EXTR which did rebound, and maybe I'll get lucky with MFNX.

Chris
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