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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Barbara Barry who wrote (16098)	1/2/1998 8:58:00 PM
From: j g cordes	Read Replies (2) \| Respond to of 50167

Barbara, for short term trading 'trin' is very important. Few people actually know that its far more useful than 'tick.' Just a quick note for those who may not be familiar... Tick is the number of stocks whose last trade was positive or negative Trin is the number of advancing issues/declining issues Its been defined better but this illustrates the following examples. A time slice in the market shows that 500 buy trades of less than $200.00 took place but there were 53 sales of over 2million each. The tick would be positive, the trin negative. Tick +495 and Trin 120 = a slightly bearish situation, despite the high tick, where a high voume of small trades is disguising higher selling volume. Tick -670 and Trin 65 = something sparked general selling, yet underneath there is still volume buying going on. Tick -1340 Trin 340 = market selling off big guys and small guys running together for the exits. Jim P.S. good move on your calls Barbara, you must have done well with them. Still have the flu or whatever it is... not too excited about eating chicken either...:~)