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Strategies & Market Trends : Waiting for the big Kahuna

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To: ViperChick Secret Agent 006.9 who wrote (19101)5/26/1998 4:29:00 PM
From: Oeconomicus  Read Replies (2) of 94695
 
Lisa, did you say it (5 day TRIN) needs to be over 6 for a buy signal? I have 5.86 for the NYSE based on 1.85 at the close today. Tomorrow's magic number (if 6 is the hurdle) would be .97.

For Nasdaq, I have 5.53 through today's 1.11 and it would need 1.16 tomorrow to hit 6.

How reliable is this as a signal?

Bob
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