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


To: Terry Whitman who wrote (28793)1/30/2002 9:26:42 AM
From: Susan G  Read Replies (2) | Respond to of 52237
 
that entire futures pop is gone, sellers are ruling right now...

they are actually red, but cnbc still showing green arrows...their ticker has not moved during this entire tank the past 15 minutes!

still says up 2, and they are down 1.



To: Terry Whitman who wrote (28793)1/30/2002 9:43:37 AM
From: Paul Shread  Respond to of 52237
 
Terry,

A quick look at a daily candlestick chart of the TRIN tells me that the highest close over the last 18 months or so was March 12 of last year - about two weeks before the Dow and S&P bottomed. Another high close was in late January of last year - a few days before a major top.

Other high closes include Jan. 2 last year - good for a very nice one-month rally, and early April, as you pointed out.

A spotty record on its own, from what I can tell.