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To: ajtj99 who wrote (3262)6/23/2003 12:12:49 PM
From: the-phoenix  Read Replies (1) | Respond to of 41529
 
I think the extreme TRIN here is a warning to the bears as well. Highest readings since June 9th, and if it were to close up here, highest since May 19th.

The VIX could also get back to the upper Bollinger Band today at this rate. The Buy/Sell system when VIX hits the BBs and closes back inside has started working again. It gave a sell signal Friday. Previous signal was a buy signal at the close on the 9th. Also tends to bounce off the 50 day SMA, which it is hitting right here:

stockcharts.com[l,a]dacannay[db][pd20,2!b50][iLe12,26,9!Lh14,3]&pref=G