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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Rich1 who wrote (15391)5/3/2001 4:16:17 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Rich, I am looking at extremes and try to decipher rates of change in the trin. I have two kind of "buys", in the trend or in the channel, and on reversals, the trinq is quite different in both cases. By the way, trinq has been above 2.20 most of the afternoon even during that spirited rally toward the end, Worst, the tic on the NYSE went quite high (more than 700), but the trin did not follow and stayed well above 1.00, a sign of "tape painting" by the powers that be, IMTO.

Zeev