RE: super high TRIN today, seems the crumbling dollar may be pushing Euro investors to sell, after all, they are getting killed both ways, on market price and on currency, and they like to buy SPX type companies, more so than Nasdaq, I believe.
Compx down 2.1
NDX down 2.3, with the heavy weight of MSFT down 2.5%, which is also in SPX/DOW
SPX down 2.6
Heard somebody talking on Bloomberg about Euro investors getting rid of US shares, too.
Anyway, 6.58 TRIN and "only" 1.46 TRINQ at the close, don't see that very often.
James |
