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


To: Crimson Ghost who wrote (17781)6/13/2001 2:20:39 PM
From: Zeev Hed  Respond to of 30051
 
SI duplicate.

Zeev



To: Crimson Ghost who wrote (17781)6/13/2001 2:21:04 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
George, he should really get "off his high horse", are you guys paying for "poetry" or market analysis? It takes forever to get to what he thinks. The funny thing is that I think he is wrong and I have commented before here that a high trin which is not accompanied by excessively negative tic is far from being bullish, IMTO, it is bearish. Even a string of high trin and highly negative tic is not always the end of the bear move. I got caught in that mistake last year calling "a bottom" to the May decline a solid week ahead of time, we had about 7 days of tic under -1000 and trin consistently above 2.00, with trin above 2.00 (or 1.3, a new number I believe) but tic (and take it he is referring to the NYSE) positive, I would be careful here. Once more Hays and I do not agree.

Zeev



To: Crimson Ghost who wrote (17781)6/13/2001 2:59:30 PM
From: Boplicity  Read Replies (1) | Respond to of 30051
 
George, First thanks for that, also would you happen to know how he comes up with the Smart Money Index?

B