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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (389)3/16/2001 9:45:22 PM
From: Donald Wennerstrom  Read Replies (1) | Respond to of 95626
 
Hi Gottfried,

Yes, the tables are good to present the past, but are of very little value to predict the future. The only help is to note the value, plus or minus, of the weekly change. If the number is very large (like -11 percent this week) there is a tendency for the number to go back to the mean, or above the mean, for the next week. As always though, there are exceptions to this behavior!!<gg>

Seriously, have you ever followed $TRIN? as an indicator?

I have used it very little in the past, but very recently I have started looking at it again. Thanks for the "pointer" to recent discussion on the indicator. Another good site I have found to follow $TRIN on a minute by minute basis in real time is located at:

astrikos.com

Don