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


To: Patrick Slevin who wrote (35998)3/5/1998 7:18:00 AM
From: j g cordes  Read Replies (1) | Respond to of 58727
 
Patrick! Please read more closely. The posting date is the 4th, therefore "tomorrow" means the 5th, this morning Thursday is now the tomorrow I referred to yesterday, when INTC's news broke.

Futures are down heavily, you can expect some >100 trin numbers and <0 tick numbers. This is getting a little trivial, why don't you post the tick and trin numbers your delivery system provides you at 9:45.. just post them to this thread. OK?

Trin and Tick shouldn't be used in isolation to the overall picture or to an individual issue. They are only short term slices of market sentiment, buying and selling. Its like saying one's heart rate is fast or slow, it doesn't tell you if the patient is running or lying down. However, because the overall sentiment and trend in the market usually affects individual stocks, and most definitly affects index plays, its a handy measuring device.

Like you say, its very handy as a moving average that shows swings or ranges. She's sure going to swing today... lets enjoy the action.

Jim