SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?


To: ViperChick Secret Agent 006.9 who wrote (1616)12/7/1997 9:24:00 PM
From: Richard Estes  Read Replies (1) | Respond to of 12617
 
no site, I know of. I didn't read it that way. But I doubt it would be reliable using the .30 tigger. either way, it sure needs confirmation in prices.

Trin = (AI/DI)/(AV/DV)
Market trust = (AI*AV-DI*DV)/1,000,000 then accumulate
Trust Osc = ((AI*AV-DI*DV)/(AI*AV+DI*DV))*100

Where AI = advancing issues and AV= advancing volume, etc.

These are again end of day indicators, not tick by tick that you see during the day. Follow it real time for awhile and see if you would deped on it for buy or sell.

trin and tick gives us a measure of market health during the day and a little hint of tommorow's.

BTW: I think Chande is the best, most intnovative TA man alive.



To: ViperChick Secret Agent 006.9 who wrote (1616)12/7/1997 10:19:00 PM
From: Joe W.  Read Replies (2) | Respond to of 12617
 
Lisa..

<Not sure what you are saying here....my interp. is that it was a minus .30 "movement"
....not a "-.30" trin...Am I missing something?>

I made the original post and you are correct, it is a "movement" in the closing TRIN from one day to the next. According to the article I read (and posted to Richard) a change of 30 from one day's closing TRIN to the next is a very good short term indicator for the DJIA. If the change is 30 or more to the upside, then the DJIA would be called weaker for the next day. If the difference is 30 or more to the downside then the call would be up.