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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Night Trader who wrote (60889)5/2/2002 11:14:44 PM
From: Zeev Hed  Read Replies (3) of 99280
 
If one uses like Hayes, absolute values, then that author is right, but if one uses a kind of a moving average and compare the trin behavior to recent behavior, it is still quite a useful number. The 10 day moving average staying above 1.5 has already been proven to lead nowhere in last year summer set up for the August/September decline.

Zeev
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