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Strategies & Market Trends : Waiting for the big Kahuna

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To: bearshark who wrote (55142)9/24/2001 5:23:17 PM
From: Oeconomicus   of 94695
 
bearshark, interesting readings from the TRIN/ARMS. After going back over 1.5 last Monday (and after hanging near 1.5 for some time), I have the 10-day TRIN back down to 1.03 after bullish closing readings 3 of the last 4 days. You spoke of "imbalances", but this one is really off considering the staggering losses. What do you (or anyone else) make of this divergence?

Bob
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