Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: whydididothat who wrote (28578)	1/17/2002 11:27:41 AM
From: At_The_Ask	Read Replies (1) \| Respond to of 209892

It's on a daily line chart for trin with 4,7,10,and 15 day exponential moving avg.'s. There were smaller rallys that could have been pinpointed, but larger moves of a week or more don't seem to happen until a high is made, then confirmed by a lower high. In early march 01 there was a trin spike like we have now. It then dropped,spiked to a lower low, and again declined in early April. After the lower low came the infamous spring rally. But between the first spike and the confirmation the NDX lost 400 points. The point I suppose is that Dick Arms call sucks. Guess we will have to wait and see. If his clients are institutional as he says I can't imagine they are looking for a day trade, so he must think something larger is coming. Also use a line chart and watch the MA's if you look at all the candles you could have a seizure. -g-