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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (59907)	5/1/2002 2:57:54 PM
From: Jeff	Respond to of 99280

they won't let this market die easy.... when insanity like today happens....theres a big move coming soon..... but which way.... for me....seeing those big techs making lower lows shows any up move will be short lived.....kind of like a big sucker rally.... and the downside is vast....but i don't expect the big down till after expirations... its getting interesting....

To: ajtj99 who wrote (59907)	5/1/2002 6:21:26 PM
From: mishedlo	Read Replies (1) \| Respond to of 99280

Aj - That TRINQ kept me from going long today. Other times TRINQ has suggested buying when in fact selling was going on. In retrospect I have no doubt selling was going on for much of the day. But TRINQ barely got to 1.5 which is still heavy selling. Prevented me from going long. Look at SUNW That is the answer. Mammoth mammoth selling of that ll day kept TRINQ up. Not sure how to play these in the future but drop on TRINQ from near 5 to 1.5 was SIGNIFICANT. Look at chart of TRINQ today. Hoping for a comment from Zeev on this if he has one. When do you listen to the TRIN and when do you not. Perhaps the answer is to look at the TRINQ as well as the TRIN and then look at whst stocks are really doing. In this case the turn-around and the dropping TRINQ might have cause some smart fish (such as Sylvestor) to go long. I missed it but still learned something today (I hope). M