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Strategies & Market Trends : P&S and STO Death Blow's

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To: doc who wrote (6561)9/6/2002 8:00:31 PM
From: mishedlo  Read Replies (1) of 30712
 
very low naz trin today.
how do u reconcile that ....with your call for possible top monday?


Extremely low TRINQ for the entire DAY.
Perhaps a spike at the open which is why I would like to see weighted averages of the TRINQ on a minute by minute basis, to determine the REAL trinq for the day.

In spite of that extremely low TRINQ for 95% of the day, stocks went nowhere except for the gap up.

This says to me that there are no buyers willing to buy the gap up. Is there another gap up coming? Like I said if the MFers "need" to hit max pain they will get us there in gap ups if they do not have the resources to buy.

Curious to how this differs from Jeff's reply which I have not seen yet.

M
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