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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (35973)3/4/1998 6:02:00 PM
From: j g cordes  Read Replies (1) | Respond to of 58727
 
Patrick, tick and trin... two commonly used terms to describe buying and selling in the market. Tick is essentially the number of trades that are positive vs negative.. but as you just reasoned, it dosen't tell you if the volume of the trades is significant. That's what trin attempts to do... by calculating a +- value with nuetral being 100.
Therefore 80 would indicate more volume being bought even if the tick were negative (showing more trades on the sell side). These divergences occur sometimes when the public is at odds with institutions/funds/companies etc. There are running average indicators which utilize these values. Go to AltaVista and input tick and trin + definition.. lots of interesting stuff.

Jim