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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (4573)9/9/2001 2:58:09 PM
From: Dan Duchardt  Read Replies (2) of 33421
 
John,

All the charts I have looked at agree that "two days above 2" criteria was not met, but in the spirit of "maybe 1.9 is close enough to 2" I looked back for other "near misses". The most recent one I could find was on two consecutive market days 3/9/01 and 3/12/01, about three weeks prior to the April low. I have no idea if that is a repeatable event, but here is a comparison of the TRIN then and the recent near miss.

stockcharts.com[l,a]daclyymy[d20010301,20010315][p][vc60]

stockcharts.com[l,a]daclyymy[d20010823,20010907][p][vc60]

Dan
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