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To: Lucretius who wrote (163938)5/5/2002 6:49:51 PM
From: yard_man  Read Replies (1) | Respond to of 436258
 
nice -- thanks -- followed the link forward and found exactly what I wanted, i.e. in washouts it can be a very early indicator in terms of price. Does seem reasonable though (forgetting about the small sample for a moment) that the high TRIN means a real washout is coming soon -- OR -- it isn't coming at all for some time.

I also agree with one of the fellows in that series of posts -- a spectacular rise in the NDX would probably dent the interest in goldshares for the intermediate term.