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To: ratan lal who wrote (43888)5/26/1998 9:11:00 PM
From: ViperChick Secret Agent 006.9  Respond to of 58727
 
back test it ratan before you dismiss the cumulative 5 day trin indicator

it is more reliable on a consistent basis than many indicators I have seen

I am willing to take my profits on my puts when it hits over 6



To: ratan lal who wrote (43888)5/27/1998 7:36:00 AM
From: Clay M  Respond to of 58727
 
Thanks for your comments on Trin. I agree that it is only an overbought/oversold indicator and has to backed up with other indicators or techniques. I've found that following it intra-day, it's often helpful in showing market turns when a MA of Trin turns. Also, some of the big moves in the S&P's come when you have a strong trend in the Trin, or a divergence in price and Trin.
Clay.


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