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Strategies & Market Trends : News Links and Chart Links

SPXL 214.59

+2.3%

Dec 18 4:00 PM EST

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To: Return to Sender who wrote (6256)	3/4/2003 4:42:19 PM
From: Chris McConnel	Read Replies (1) of 29604

RTS: The last time Trin5 hit 9 was the end of December (a good signal), the time before that was 1st week of December (not such a good signal). The way Decision Point uses Trin5 seems to get slightly better results, IMHO, then when Trin5 goes to 9. ---------------------------------------------------------- Bretz TRIN-5 The Bretz TRIN -5 Indicator was developed by W.G. Bretz (Juncture Recognition in the Stock Market. 1972, Vantage Press), and it was dubbed the TRIN-5 by Jerry Favors who published an article on it (Technical Analusis of Stocks & Commodities Magazine; March 1992). Favors claims that it is a better top picker than other versions of TRIN. The calculation is simply a 5-day moving sum (not a moving average) of TRIN. When the indicator reaches an extreme above 6.00, then turns down, a BUY Signal is generated. When the indicator reaches an extreme below 4.00, then turns up, a SELL Signal is generated. (Please note that the scale on our chart is reversed to make it more intuitive.) The basic daily TRIN calculation is as follows: Advancing Stocks/Declining Stocks --------------------------------- Advancing Volume/Declining Volume Copyright 2002 Decision Point. All Rignts Reserved

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