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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 691.66

-0.1%

Jan 16 4:00 PM EST

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To: Stephen who wrote (5348)	2/3/1999 7:28:00 PM
From: Stephen	Read Replies (1) of 99985

As I've said previously, I like to use trin as an intraday indicator. I also use it, with a few other indicators and common sense, to guide me for next day action. For what its worth, and this is probably the consensus anyway, I think we sell-off sometime in the late morning/ early afternoon. I guess I should include a chart or something ... so here's one for trin .... though todays action is missing and put us in the overbought category: decisionpoint.com My other indicators are less compelling ... so we'll see. Stephen

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