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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: gypsees who wrote (100006)4/25/2000 9:17:00 AM
From: Walk Softly  Read Replies (1) | Respond to of 108040
 
and... of course... interpretation is everything... and it sure helps to have a handle on a host of other tech factors and especially chart formation/volume.... but TRIN usually goes wacky to the upside at a bottom as it did intraday yesterday.... funny, Dick Arms (its developer) talked on CNBC yesterday about the ARMS index (a simplified TRIN) indicating a bottom... TRIN being so high intraday simply means the shorts have run out of muster save for a very few issues where they are concentrating their efforts..... the NASD is tightly coiled and could see a several hundred point upside move soon....