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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: TREND1 who wrote (17662)11/11/2002 4:47:55 PM
From: Warpfactor  Read Replies (1) | Respond to of 23153
 
Hi Larry,

I will check out the links in a little while.

I just got home to look at market finish. TRIN has been disappointing lately, over the past few months.

Thursday and Friday showed 2.30 followed up with a 1.98. Historically that has been a very nice buy juncture in the short term. I was cautious and waited for selling this am before dipping a toe, but still got crunched a little in todays buys. Today TRIN followed up with a 2.70.

In my 3 years of historical data, I find no equal to this 3-day sequence. The best I could come up with was a 1.78-2.30-2.09 sequence in June of this year. Junes 3-day sequence was followed with a 2% NAZ up day (almost not worth the trouble).

The TRIN indicator is requiring higher and higher readings to get effective ST buy points.

But due to the lack of precedence of the high TRIN reading, I will add to my long play on any opening weakness tomorrow, or this AH.