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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Paul Shread who wrote (17420)8/31/2001 9:42:26 AM
From: TechTrader42  Read Replies (1) of 52237
 
That's the TRIN, of course, which you watch every day. Barron's called it the Short-Term Trading Index (TRading INdex) when it did the first article on it in 1967, Achelis writes in "A to Z."

What a font of information I am this morning.

The S&P ST CI's hit 0 yesterday intraday, and ended around 8, so I guess a rally becomes more and more likely. However, the CI's could linger near 0 if the market continues to tank. The Nasdaq CI's still aren't quite oversold in the short term, and remain overbought in the long term, so the Naz techs still look dangerous, to say the least.

But whatever.
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