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

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To: Terry Whitman who wrote (36452)5/24/2002 7:09:45 PM
From: Warpfactor  Read Replies (2) of 52237
 
Hi Terry,

We've been doing some study of TRIN and the ARMS Index for a couple years over on some other threads (High Tolerance Plasticity being the main one). Looks like you and Vitas are uncovering some interesting trends over here.

When I saw your 5 and 20 week TRIN it piqued my interest. However I ran a 25-day MA on TRIN and came up with a 25DMA of 1.30. Your 5 week MA now is showing 1.79 after today.

I suspect you already know this, but your 5 week MA is only taking into consideration Friday daily closing TRIN's.
What this is telling me is that people are dumping positions every Friday - nobody wants to hold over the weekend for fear of some terrorist incident wiping out their net worth.
This could be a tradable trend. If market sells off on Friday, buy into the close and then sell early the next week.

Ha! Goldman Sachs was playing games today with semicaps. Issue a bearish report on Friday going into a long weekend. Skittish investors bail out while their clients scoop up shares.

stockcharts.com[w,a]dicayyay[d20011204,20020530][pb50!b10!b21!f][vc60][iUc20,3!Lk28!Lf!Lh14,3!Lc5]&pref=G
stockcharts.com[w,a]dicayyay[d20011204,20020530][pb50!b10!b21!b200!f][vc60][iUc20,3!Lk28!Lf!Lh14,3!Lc5]&pref=G

Not perfects hammers on KLAC and CYMI, but good enough??
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