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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Vitas who wrote (41461)12/10/2002 8:47:48 AM
From: Terry Whitman  Respond to of 52237
 
TRIN5 is above 9.0. Another one of those rarities.

If we don't rally sharply within the next few days- I'm gonna have to lean toward the bear case, and figure that we will get more high TRIN numbers..

Thanks for that McClellan bit. I think this week is critical to the bull case. If the bulls can't turn things back up here during this seasonally bullish period- then they are weak. And I'll be holding off on putting that new money in..

BTW- Somebody just shoot me. I went and bought more telecom stock yesterday. <ng>



To: Vitas who wrote (41461)12/10/2002 9:15:53 AM
From: Terry Whitman  Read Replies (2) | Respond to of 52237
 
Looking for the last few instances of a TRIN5 over 9.
7/22 was one. Couple of days prior to the July lows; Message 17780389

Should have been one around 10/8- don't think it quite made it that high however. Most people weren't looking for bottoms then <g> Message 18103149

Looks like Nov. 13 was also close- but this one now appears to be the first 9+ reading since the July lows. The TRIN trend needs to be reversed for this to stick as a low.


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