JQP,
Yes, but look at the chart from SI, although the TRIN is at the top of its range, it doesn't look all that incredible to me. That's why I was hoping to get some better information.
If you look at the chart, it's high at the end of December, clearly a good time to have bought, but it's got a really good spike in early March, when it was a lousy time to buy, then it spikes up again in early April, not the bottom but close enough. But it's spiked up 4 times in July and August before this spike, signalling buy buy buy when it clearly, in retrospect, was a lousy time to buy buy buy, at least just running my Naz-o-meter through the process.
So, I'm wondering if the ARMS simply called 10 of the last 2 rallies.
Kb |
