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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Oeconomicus who wrote (19226)5/27/1998 11:18:00 PM
From: robert b furman  Respond to of 94695
 
Bob - Not sure ! Normally My Daily Ritual Is To Visit Quote.Com And Record Closing TRIN As Well As New Highs And New Lows. I Have Been Trying To Record Referenced Market Indicators - As I Have Learned Of Them. The More The Merrier.Find That Some Become Useful And Others Are Elusive.As All Are Aware - Some Work During Different Scenarios.

Many People On this Thread Study The Market More Intensely Than I Am Able To - However I Like To Track The More Regular Contributors,As I Feel Their Observations Are Excellent Accelerators Of My Learning Curve.

I Hope That With Persistence And Regularity My Observations Will At Some Time Be Helpful To Those Who Have Been SO Free With Their Knowledge And Opinions. No Magic Just Steady Work !

Have Not Backtested ,However Have observed That 5 Day TRIN seems To Be A Benchmark < than 4 Seems to Be Significant And Greater Than 6.3 May Indicate a Turning point As Well.

Really Am Uncomfortable with Any Interpretation - Just Know That People More Skilled Than I In Day Trading, Watch It So I have Begun as Well.

If Tracking The Number Daily Can Help Those Doing Other Indicators I Will Be Privileged to Be able to Contribute .

Feel Like Communal Effort Of Many Perspectives Is The Balance That This Dynamic Thread Offers . Lord Knows In The Past I Have Gotten Myself Out Into The Wild Regions Of My Own Unique Speculation !
I Have Been Humbled As A Regular Course Of Events :-)

Bob