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To: At_The_Ask who wrote (28447)	1/16/2002 2:10:47 PM
From: oldirtybastard	Respond to of 209892

mebbe Dick Arms opinions are as overbought as the mkt. is oversold -g-

To: At_The_Ask who wrote (28447)	1/16/2002 2:11:50 PM
From: Sully-	Respond to of 209892

TRIN (by Arthur Hill) Richard Arms developed the TRIN, or Arms index, as a contrarian indicator to detect overbought and oversold levels in the market. Because of its calculation method, the TRIN has an inverse relationship with the market. Generally, a rising TRIN is bearish and a falling TRIN is bullish. Sometimes you will see the scale of the TRIN inverted to reflect this inverse relationship. The TRIN is the advance/decline ratio divided by the advance volume/decline volume ratio: ((Advancing issues/declining issues) / (advancing volume/declining volume)) ............................... armsinsider.com