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Strategies & Market Trends : News Links and Chart Links

SPXL 231.87

+1.9%

Jan 9 4:00 PM EST

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To: Chris McConnel who wrote (6617)	3/17/2003 5:27:25 PM
From: Return to Sender	Read Replies (1) of 29608

Chris, the 5-day Trader's Index (^STI.N), which is the five-day sum of TRIN, gives buy signals above 9.00 as it did last Monday. It also gives sell signals when it is below 4.00. It is now reading a dangerous 4.43: finance.yahoo.com^STI.N&d=c&t=5d&l=on&z=b&q=l table.finance.yahoo.com^sti.n&g=d Therefore this indicator and some additional sentiment data like the rise in the VIX today with a falling put to call ratio suggests that stocks are vulnerable to a short-term move lower perhaps as early as tomorrow but no later than Wednesday in my opinion. RtS

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