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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: J.T. who wrote (8389)8/22/2001 10:22:31 AM
From: James F. Hopkins  Read Replies (1) of 19219
 
I didn't have time to look at the long/short ratio when I did
it, just the long shares out vs the Nav.
I can see how the TA was lower on the 4/4 than 8/17
as the NAV was "lower" however the( "share" amount
was lower on 8/17) and all that had the 8/17 TA above 4/4 was
taht the NAV hadn't fell as much , it will be interesting when
I get to plug in yesterdays numbers.
-----------------
Another fly in the soup to using this or say the 4/4 numbers
is we may not have rallied as much back then except for
that surprise rate cut.
There are outside factors that can skew the best of data,
( like surprise rate cuts or the dollar falling off a cliff )
------------------

Jim
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