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

To: Jeff who wrote (6155)	9/3/2002 8:35:23 AM
From: mishedlo	Read Replies (1) \| Respond to of 30712

I do not concede that I am wrong. We had very high TRINQs right before the 200 point naz rally. We had very low TRINQs during the rally. At the very tip top of the rally we had an excessively low TRINQ and stocks moved nowhere. I said to myself, the rally is over. Unfortunately I did not buy enough puts. So I am not sure how we have the same data and we both have correct results. Perhaps where we disagree is that WHILE TRINQ is excessively high we are falling like a rock and that I will accept. OR the first such occurance AFTER a snapback marks the turn the other way, but there is no doubt that a long string of high TRINQs has marked every local BOTTOM not top. A long string of TRINQs below .5 has marked every top. M