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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: J.T. who wrote (3124)	5/19/2000 11:11:00 AM
From: Joseph Stratmann	Read Replies (1) \| Respond to of 19219

Could someone please explain to a neophyte what the VIX and TRIN data is as well as possibly why it's important (Dont expect a disertation just some basic info as I know nothing on either) Thanks -Joe

To: J.T. who wrote (3124)	5/19/2000 11:17:00 AM
From: y2kate	Read Replies (1) \| Respond to of 19219

J.T., Isn't it ugly enough now? Do you think the 'rally hard' scenario is over, or do you think it's still plausible? It has never felt worse to me, psychology wise, in these last several weeks, than it feels today. -K. (BTW, you're at the top of the SI active thread list today!)

To: J.T. who wrote (3124)	5/19/2000 2:26:00 PM
From: J.T.	Respond to of 19219

TRIN now at TRIN 1.69 and closing in on TRIN 1.8 and VIX at VIX 29.40 closing in on VIX 30. Are we getting close to bottom?? ...<Message #3124 from J.T. at May 19, 2000 11:03 AM ET I think in the MITA archives here i mentioned recently that VIX needed to get back above VIX 30 and TRIN above TRIN 1.80. <VIX intraday high is 28.47 and TRIN was over 2 but now only 1.59 It could get ugly this afternoon if we are going to get to these extreme levels over 30 and 1.8. fwiw>... Best Regards, J.T.