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Strategies & Market Trends : Tech Stock Options
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To: ViperChick Secret Agent 006.9 who wrote (43880)5/26/1998 4:44:00 PM
From: Clay M  Read Replies (2) of 58727
 
Hi Lisa. In your work with Trin, have you found any intra-day high to be a turning point? I don't follow the 5 day MA, but I have tic data back to the first of the year. Today's Trin high was 1.95, and since 1/1/98, there have been only two instances that it went higher: 1/9/98 at 4.0 and 4/27/98 at 3.31, and both times were important turning points upward in the market. My info may not be exact as I only did a quick scan.
Unless something really different is happening here, it may be almost time for a rally.
Clay.
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