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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bull RidaH who wrote (27848)9/14/1998 6:04:00 PM
From: Oeconomicus  Read Replies (1) of 94695
 
David, re the "Trin Alert", I show the 4 days last week totalling 3.44 according to Barron's and, today, I get .53 from Yahoo and .54 from Briefing.com. I'd say it's not just "close enough", it's there.

BTW, this has turned out to be a fairly reliable short-term indicator this year, hasn't it? All through the decline from the July highs, I didn't see it hit 6.00 until 8/31. On the last sell, however, it was about 3 weeks early. By my records, it last went below 4.0 on June 23 and 24. Hopefully it's not that early this time - we were still in a bull market in June after all.

Regards,
Bob
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