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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Henry J Costanzo who wrote (4581)	6/8/2001 3:26:20 PM
From: AllansAlias	Respond to of 209892

Yea, tech is overbought in everything but the really small timeframes. Agreed that non-tech has been underperforming. Short again NQ @ 1926.50 (booked previous short for a Bud and sold the bounce)

To: Henry J Costanzo who wrote (4581)	6/8/2001 4:50:18 PM
From: NOW	Read Replies (1) \| Respond to of 209892

How to calculate your own tech ARMS?

To: Henry J Costanzo who wrote (4581)	6/8/2001 7:08:32 PM
From: Shack	Read Replies (3) \| Respond to of 209892

If you guys need a Nasdaq TRIN, I have it on Q-charts so just remind me. It is also available on Stockcharts: stockcharts.com[w,a]dallyimy[dc][pb10!b20!b50!b200][vc60][iUc20!La12,26,9!Lf!Lh4,3] After screwing around with the Naz Trin, I have found that a 10-period MA on the 60-min chart generates exceptionally good trading signals when it crosses the zero line. The last 4 shorting/sell signals were: -At the open on the May 23, good for a approx 200 Naz points -At the open May 9, good for 130 Naz points -Early on May 3, good for 50 points -At the open April 23, good for 100 points It also generates great buy signals crossing below the zero line: -June 1 open, 150 Nasdaq points -late on May 15, 230 points -early on May 7, (filtered out quickly when we crossed back on May 9 open)-break even -April 30 open. 160 points It generated a sell early today too, just after the morning dump. Combine that with the set up for a '3' on Monday and you'll see why I'm long QQQ poots right now.