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To: Les H who wrote (8053)7/9/2003 11:02:51 AM
From: Return to Sender  Read Replies (1) | Respond to of 29596
 
Les, is there short term sell signal in the works? I've made some charts of the 5 day TRIN average and the closing put to call ratio that suggest that this rally may put in a top no later than Friday or Monday.

investorshub.com

Of course this all depends on the closing numbers for the put to call ratio, the 5 day TRIN average and even the VIX as well but the early going this morning with the put to call ratio at 0.50 and below suggests that we have too much short term optimism.

We will see. Keep up the great work here on this thread!

Thanks, RtS