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Strategies & Market Trends : P&S and STO Death Blow's
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To: Win-Lose-Draw who wrote (26586)1/28/2003 12:45:12 PM
From: ajtj99  Read Replies (1) of 30712
 
I tend to disagree. What I've been seeing the past several days has been happening close to expectations. The TRINQ has been very helpful in that respect. If the charts are hard to read, TRINQ gives some fabulous perspective into short term market direction. Also, when Les' scans get buried like they are, we need to pause for a bit.

Patterns work up to a point. When we get near a bottom, you've got to look at more stuff, IMO. The Mc indicator, for example, is pretty buried right now. That needs to correct up a bit. It's at levels seen only a couple times the past year (all major lows).
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