SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : High Tolerance Plasticity

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: pvz who wrote (14449)6/14/2002 10:32:27 PM
From: Warpfactor  Read Replies (3) of 23153
 
pvz,

I do not really have any rules for the index p/c ratio. I just keep an eye on the equity p/c ratio and the total. However, it appears that you calculated it (the index pcr) correctly.

What you really missed while your computer connection was down was this mornings TRINs, I saw as high as 4.84. I immediately covered tech shorts and went full load tech long, dipping maybe 25% into margin.

My trading portfolio was up 7% on the day!! Unbelievable, finally did something right.

In lieu of the market action of late, I have decided to play the high TRIN as a short term trade. Sold some of the positions in AH, will see how Monday shakes out for the rest. I suspect that a short relief rally is plausible, if not just for 1 day. Hopefully enough to dump the longs and re-establish shorts.

Warp
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext