Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: PuddleGlum who wrote (14905)	12/3/2002 2:23:29 AM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 57110

two things that I was keeping a close eye on today were the TRIN and TICK. The TRIN started out very low...around .3. It then went up and was pegged above 1.0 much of the day. This while the TICK was in a range from about -100 to +600 with an occasional spike to +700. So while we were in pretty strong TICK territory much of the day, the S&P and Naz would move a point or two at the most. Today turned into a distribution day. I attribute the strength at the EOD to shorts covering. Damned pansy assed shorts are spooked by this market. Oh wait, I covered a bit myself<GGG> I had MLNM in my sights from last Friday, I was a bit disappointed that it gapped up this morning. I bought it in my LTBH account.