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

To: James F. Hopkins who wrote (13150)	1/13/1998 9:54:00 PM
From: robnhood	Read Replies (1) \| Respond to of 94695

Jim, the trin , which I used to get when we had a floor , anyway,, a reading of 1.00 or lower was considered bullish , anything over was bearish,, I once saw it at close to 7.00 in the 87 crunch,, I guess extremes would indicate the opposite ... It is derived from the volumes of the most actives and whether they are up or down, russell

To: James F. Hopkins who wrote (13150)	1/13/1998 11:16:00 PM
From: kas1	Read Replies (2) \| Respond to of 94695

i believe (cmiiw, someone) the more common name for trin is "arms index" -- might want to look it up under that name. i used to know what the arms index does, but those brain cells are on strike this evening.

To: James F. Hopkins who wrote (13150)	1/14/1998 6:09:00 AM
From: William H Huebl	Read Replies (2) \| Respond to of 94695

Jim, TRIN is a combo of up and down vol and advancers and decliners... you can set your own limits but generally under .8 is bullish and over 1 is bearish... NOT A GREAT INDICATOR!!! IMHO. Bill

To: James F. Hopkins who wrote (13150)	1/14/1998 4:47:00 PM
From: P.Prazeres	Read Replies (2) \| Respond to of 94695

James, Trin is the Arms Index on the NYSE. I posted a short piece on it back in December...here is the link. Message 2952510 From another of my writings: "Those of you who get Barron's, please read the interview with Martin Zwieg (starting on Page 30, Weekend of Nov 2nd, 97)...it is an enlightening article. He mentions what happened to the Arms Index this past Monday (Oct 27,97) and the historical precedence set when this indicator goes to the level it reached on Monday....the average gain on the S&P is 28.9% in the 12 months following the type of level the Arms Index reached on Monday (Oct 27,97)." To me , it demonstrates the levelof nervous selling that exists in the market especially when it gets into the 1.50+ range. BTW, if you have a copy of that Barron's , read Martin Zwieg's interview...it is excellent. Paulo