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Politics : High Tolerance Plasticity

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To: kodiak_bull who wrote (7286)	8/31/2001 11:10:27 PM
From: Warpfactor	Read Replies (2) of 23153

KB, You are looking at it right, but you are confusing TRIN with the ARMS Index. TRIN represents a one day event. The ARMS Index is a 10-day moving average of TRIN. In a Bull Market Scenario, an intraday TRIN over 2.5 is a slam dunk buy right now opportunity. In our current market, 2.5 is just another Sunday in Pleasant Valley, Or so it seems. I made the mistake of buying tech equities about 3 weeks ago based on this one day event. JQP, Ed and myself are early with our buys. Dabum and Metal Trader will wait for a turnaround signal before moving in. I wouldn't be surprised if more experienced traders like yourself, Jim P and JimL will nail the bottom within days of the event. Warp

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