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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (29048)7/30/1999 11:59:00 AM
From: John Pitera  Read Replies (2) | Respond to of 44573
 
Patrick, the trin is misleading at the open as there tends to be built up buying or selling pressure so the initial 15 minutes are not free flowing, just catching up with the futures.

I do not consider myself an expert with trin by any means, but it's giving a sell signal on the spoos currently.

I am looking for a sizeable decline into Aug 17th. spx down to 1100 or so.

John