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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (6104)8/31/2002 7:52:51 PM
From: augieboo  Respond to of 30712
 
Did Jeff write that or is that your intrepretation?

This was merely my attempt to explain what some other people here have come up with.

I don't really see it as a powerful indicator, but others here swear by it.

FWIW, jorj mckee put together this chart of comp trinq 5+ occurrences.

angelfire.com



To: mishedlo who wrote (6104)9/2/2002 10:56:48 PM
From: Jeff  Read Replies (1) | Respond to of 30712
 
Thanks Augie but this one looks plain out wrong.
TRINQ of 5 is heavy heavy selling and usually is not maintainable. Several days of TRINQ excessive days would usually mark a BOTTOM not a top


i hope you realize you are wrong and my t-q readings are correct....

i also have major t-q's marked that if they stick will help me when this bottom is finally in next year....

i've talked about it all before.....

as usual....the calls here have been correct while others are dazed and disorientated because they can't see the obvious...