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

To: donald sew who wrote (40395)4/20/1998 11:09:00 AM
From: ratan lal  Read Replies (3) | Respond to of 58727
 
I am getting mixed signals for today so the market could go wither way. It will probably become clearer as the day progresses.

One of the tech indicators I track intraday is TRIN. That is at .65 now - very bullish. Do you know if TRIN is an indicator for NAZ or DOW ??

ratan



To: donald sew who wrote (40395)4/20/1998 11:28:00 AM
From: Patrick Slevin  Respond to of 58727
 
Friday, when the SP8M closed that gap from Thursday morning,
I started to have my doubts about a downturn today.

I imagine anything is possible but after the apparent short-covering Friday my mindset became more neutral. I still think it's coming, but the SP8M could hit 1140 again before hand, so I prefer to just hang out and wait with a reverse stop....currently at 1127, even.


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