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

To: Vitas who wrote (70570)5/23/2002 1:48:31 AM
From: LTK007  Respond to of 99280
 
thanks again, Vitas for your updates. Still i stubbornly hold to view we will see that 4-year oversold low repeat itself before 2003 is done. geocities.com



To: Vitas who wrote (70570)5/23/2002 9:29:58 AM
From: Les H  Read Replies (1) | Respond to of 99280
 
Your a-d and u-d lines look similar to the 55-day TRIN for the NYSE. The 55-day TRIN has been rising since November which is not what one would expect. It's all due to the advance/decline issues ratio being consistently greater than 1 and the up/down volume ratio being consistently less than 1. I know some are claiming the TRIN-55 is pointing to a IT bottom, but you should get both a/d and u/d approaching oversold at the bottom.


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