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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (17454)	8/31/2001 12:50:48 PM
From: John Pitera	Read Replies (1) \| Respond to of 52237

Paul, I'm not sure to tell you the truth, my ESIGNAL 1 minute trin showed us ending around 1.90 on Wed for a start. In fact, on a 1 minute bar chart, I don't have a single reading over 2.00 on Wed. I have a bunch over 2.00 after 11:30 yesterday, but I'm questioning if it's a valid signal according to his parameters or if he's just excited for something to happen. I did have TRIN readings between 1.85 and 1.65 during the last hour on wed, so there was some selling no doubt. Also the range of the TRIN has expanded over the past few years as was noted on this thread. We do have more stocks and greater volume and hence the ability to get notional higher and lower readings more readily. It could be we see a pretty sharp rally during some part of next week that "feels" like the bottom, but will be one additional fake out leading us to a double bottom occurring in another 3 to 5 weeks??? Quote.com is also not showing the TRIN above 2.00 during the last hour on Wed. does anyone else have anything showing higher numbers? John