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


To: Warpfactor who wrote (19064)3/5/2003 8:28:39 AM
From: Sharp_End_Of_Drill  Read Replies (2) | Respond to of 23153
 
Warp, remember what happened in the next six months after April 2000? It wasn't good for the general indices.

Dabum, applying TA to indicators. Seems like that is stewing the numbers just a bit much for comfort. Would you apply TA to a mutual fund? How about if you mishmashed a number of funds together to make a mutual-mutual fund?

At some point I've got to believe the mechanics of crunching the numbers overtake the scant information available in the numbers themselves.

Sharp

P.S. Asia and Europe down hard again, and gold us a tad again. Looks like a prime time if there ever was one for some manipulation, hopeful media stories, etc.



To: Warpfactor who wrote (19064)3/5/2003 2:18:27 PM
From: augieboo  Read Replies (1) | Respond to of 23153
 
Warp, re Yesterday's High Trin:

Les Horowitz came up with some interesting stuff on that:

To:Larry Dudash who wrote (28870)
From: Les Horowitz Wednesday, Mar 5, 2003 2:02 PM
View Replies (1) | Respond to of 28894

One-day TRIN was distorted by the NYSE A/D ratio which was only 1-to-2. A lot of preferreds and bond cef's were up. Check the new highs list. Stocks only TRIN was 1.18 for Nasdaq 100, 1.05 for S&P 100, and 0.82 for S&P 500. The latter TRIN for S&P 500 is only very short-term bullish.

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