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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Nathan who wrote (12605)	1/2/1998 1:12:00 PM
From: Barbara Barry	Read Replies (2) \| Respond to of 94695

Nathan, above 1 is bearish for the short term trading. The farther below 1...the more positive the near term bias. So if it is,let's say, at .40...then that indicates a very bullish move. This is a very simplistic explaination. Regards, Barbara

To: Nathan who wrote (12605)	1/2/1998 1:19:00 PM
From: Barbara Barry	Respond to of 94695

Nathan, I want to clarify that this is a very short term indicator and does not tell you anything about the health of the overall market. It is a tool that short term traders and options players can look at.There are so many indicators that an investor should look at. A trip to the bookstore really does help alot. Regards, Barbara

To: Nathan who wrote (12605)	1/2/1998 6:10:00 PM
From: GROUND ZERO™	Respond to of 94695

Hi Nathan, You posted this question to me, but I never pay attention to the arms, or trin, index at all. They used to call it the trin. But, a rose by any other name is still as useless IMHO. The formula is the advancing issues divided by the up volume. That number is divided by the declining issues divided by the declining volume. It's a ratio of advancing and declining issues against their respective volumes. When the number is less than 1.00, it's bullish, more than 1.00 is considered bearish. Somehow I have the feeling I really didn't answer your question. Although you posted this question to me, I defer to anyone who uses it. Have a great weekend. GZ