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


To: westpacific who wrote (24651)8/18/2001 8:30:35 PM
From: westpacific  Respond to of 30051
 
FYI - The TRIN alerted at the start of the month. It has been alerting for awhile now. TRIN or Arms in of itself does not call the bottom.

From an historical perspective it can alert and be anywere from 0 to 20 days after the intial alert, usually a reading above 1.5

So that in of itself does not mean the total bottom move is in - what it does indicate is we are very close. So be ready to cover all shorts and go long anyday now. My feeling is the total bottom will be in this week for the current cycle move.

All the best

West



To: westpacific who wrote (24651)8/18/2001 8:33:36 PM
From: TREND1  Read Replies (1) | Respond to of 30051
 
West
I just thought if you post just one trade "before the fact", it would take the posters off your back. IMHO.

Larry Dudash

EDIT: Example: Buy or short XXX at the close. Just post this 10 minutes before the close.

Or Bought or sold XXX at yy.yy in the last 10 minutes.