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 : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: j g cordes who wrote (35976)3/4/1998 6:49:00 PM
From: Patrick Slevin  Read Replies (2) | Respond to of 58727
 
I see, now, what it is you construe as negative. TRIN cannot be negative, but TICK can.

You are saying that if TRIN is less than 100 it is negative.

I watch TICK, TRIN, TIKI, PREM, and a few other indicators every minute that I am trading. You lost me when you said TRIN was negative.

That's all. In your example, I don't view 80 as being biased one way or the other, everything is relative to one's perspective. TICK, for example, has it's bounds for a period of time then the boundaries move. Holding to "Hard and Fast" rules for TICK (for example) is inappropriate, as I can show you data from a short while ago where minus TICKs of 400 points were normal with + 500 TICKS normal.....then + 800 with -300.....now + 300 with -500.

Hell, I remember times when it would have to get to -1300 TICK levels and more to get excited.

Just as long as we are on the same page I'm okay. As I described earlier, I have my own method of following TRIN.