MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

STOCKTALK

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.

Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Killswitch who wrote (14537)	9/8/2002 9:46:14 PM
From: Killswitch	Read Replies (1) of 19219

Regarding the 10 day TRIN Message 17967712 "Unique and particularly intriguing is the 10 TRIN countdown of June-July 2002. The market had never in its modern history taken more than 23 market days to reach a significant and tradable low after the 10-day TRIN average moved above 1.50. But after the June 6 reading of 1.59, the market took a full 34 market days to bottom—the longest ever. The subsequent 3-week rally was the briefest in duration between readings above 1.50. The 10-day TRIN moved back above 1.50 yet again on September 4, 2002, in month #47 of the 48 that comprise the 4-year cycle, which is due to bottom nominally in October 2002. Presumably, the market is now beginning to set itself up for the 4-year cycle low."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next