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To: orkrious who wrote (50287)4/11/2002 4:10:30 PM
From: Sully-  Respond to of 99280
 
What is the TRIN?

Richard Arms developed the TRIN, or Arms index, as a contrarian indicator to detect overbought and oversold levels in the market.

ARMS INDEX (TRIN)

The Arms Index is a market indicator that shows the relationship between the number of stocks that increase or decrease in price (advancing/declining issues) and the volume associated with stocks that increase or decrease in price (advancing/declining volume).

armsinsider.com



To: orkrious who wrote (50287)4/11/2002 4:16:40 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 99280
 
Ork: TRIN today closed at 3.32. HIGHEST since 04/14/00 by my count. See article on TRINQ and TRIN:

optionetics.com



To: orkrious who wrote (50287)4/11/2002 4:19:43 PM
From: LTK007  Respond to of 99280
 
i add this bit from wstera link <<Description

The Arms Index is primarily a short-term trading tool. The Index shows whether volume is flowing into advancing or declining stocks. If more volume is associated with advancing stocks than declining stocks, the Arms Index will be less than 1.0; if more volume is associated with declining stocks, the Index will be greater than 1.0.>> so the lower it is, risk to bulls, higher it is,risk to bears. Max