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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bull RidaH who wrote (14410)2/26/1998 10:15:00 AM
From: ViperChick Secret Agent 006.9  Read Replies (2) of 94695
 
If the 5 day Trin gives its typical buy signal for the next leg of this bull run, which
is a reading of 6 or better, then we definitely have a radical short-term selloff ahead.


okay...just read your stuff again....you use over 6 for a buy signal as well....BUT

when the trin is over 6 it is time to buy.....and under 4 time to sell...
BUT doesnt it give a bit of a false signal IF IF IF you say...well once it goes over 6 it isnt time to buy yet...we wait for a sell off which changed the trin anyway????

unless you are saying we need a radical sell off TO GET TO 6..
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