Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 173.70

-3.0%

1:25 PM EST

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To: Maurice Winn who wrote (104134)	9/9/2001 12:21:10 AM
From: Jon Koplik	Read Replies (1) of 152472

Off topic - definitive blather on TRIN index -- First ... I heard : "It's great, it's great, it's great, etc ..." (from Ralph Bloch). Then (if I remember correctly), I heard that Arnold & S. Bleichroeder (catchy name for a securities firm, eh ?) guy say on CNBC (in effect) : Ralph Bloch is a douchebag, because the degree to which the TRIN exceeded 2.00 (for two consecutive days) (right now) was very minor (as compared to the August 1982 and the October 1987 occurrences), ... AND (furthermore) ... what is much more important to observe is the moving average of the TRIN number, and ... It has not (now) done anything to suggest a good chance at a market bottom having been indicated. Well ... now I read over on the "John Pitera's Market Laboratory" thread (on SI) yet more analysis of this TRIN business (from the inventor of the TRIN index (!)) And -- it seems to contradict the Arnold & ... guy. Here is the link to the John Pitera thread post : Message 16312069 Jon.

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