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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (37524)3/26/1998 6:46:00 PM
From: Patrick Slevin  Read Replies (1) of 58727
 
TRIN is a bogus indicator, from my point of view.

I traded out of a room on Exchange Place across from the Exchange for years. Trading off the TRIN was less than 40% reliable.

Perhaps the problem is, everyone looks at it. I glance at it now and then.....it often keeps me out of bad trades but also keeps me out of good ones.

I do not know why...but I do not find the TRIN is all it's cracked up to be. It's a nice toy to mess with but I've been there, done that. Never made me much money.
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