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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Paul Shread who wrote (28718)1/29/2002 6:34:56 PM
From: Terry Whitman  Read Replies (1) of 52237
 
We need Mr. Watkins to give us that chart again, but I eyeballed about 6.5 today on the 5 day TRIN. It can go higher than that though (8+) as we've recently seen. In other words, no signal.

Really, it all comes down to this-
Undoubtedly, we saw a major top in the A/D in 1998 and we saw a top in the large cap markets in 2000.

Undoubtedly, we saw a bottom in the A/D in 2000, and a second one in 2002.

So, either you think the cyclical bottom was last yr.- or you think it is still months in the future, at a much lower level.

Hey, put up a 4 yr. chart of SPX and draw a line off the tops. Aren't we sitting about on that line after crossing up over it- or is my scale off..
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