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To: advocatedevil who wrote (3479)12/27/2002 3:48:06 PM
From: Return to Sender  Read Replies (1) | Respond to of 13403
 
OT: AD take a look at the historical quotes here on the TRIN and compare the close that is about to take place today with those from the last 30 days.

table.finance.yahoo.com^sti.n&g=d

Currently still over 3.0 today's TRIN close will be the highest of the last month. Now also note that when we have had closes anywhere near this high the next session is likely to be a Bull Run!

table.finance.yahoo.com

The TRIN closed at 2.34 on Dec 9. The next day the SOX rose from 307 to 323. The TRIN closed at 2.03 on Dec 19. The next session the SOX closed lower but only by a marginal amount and it was up 8 points during the session. Nov 26 the TRIN closed at 2.32. The next session the SOX moved 24 points higher.

chart.yahoo.com^SOXX&g=d

I'm going to keep my ALTR long position open based on this rational although I admit I am still overall bearish on valuation.

RtS



To: advocatedevil who wrote (3479)12/27/2002 3:49:08 PM
From: advocatedevil  Read Replies (1) | Respond to of 13403
 
AMAT ST SS 6,000 shares averaged here at $13.54

Back with my own kind - doubt she'll do much, but last chance for a scalp move today.

AdvocateDevil