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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chris who wrote (10801)	6/25/1998 8:56:00 PM
From: ViperChick Secret Agent 006.9	Respond to of 42787

marketweb.com here is someone who uses it you just add up 5 days over 6 is a buy under 4 is a sell BUT on this latest updraft on the NAZ there have been SEVERAL days of under 4 that is the complete analysis

To: Chris who wrote (10801)	6/25/1998 9:06:00 PM
From: Sonki	Respond to of 42787

chris,yesterday I made a wild A guess & MEl moved up 5.8% (4.x), i thought mony would move out of techs thrs/fri. but now i think mony gona come back to tech (window dressing) and i don't mean win98. Message 5002854 i need to put lots of mony to work tomorrow or should i just rest it out and not sweat over the weeknd. First sign of a pull back i sold msft/lu. now i need to put them back to work. what to buy tomorrow? aol, msft,lu even if i can just make $1 profit in any one them i will move on it. any idea? MEL might rest at 75? currently holding july calls for mel, aol and misc others.

To: Chris who wrote (10801)	6/25/1998 10:08:00 PM
From: Nancy	Read Replies (1) \| Respond to of 42787

Chris, TRIN-5, used by Jerry Favors to find ST bottom, ST top - does NOT work well in market turning points - i.e. when we are rallying from oversold situation in Naz, market will stay overbought for a week or two on the initial rally, while the TRIN-5 will tell you to sell the market and you will get burnt. Likewise, at market top when it starts to correct, it will get oversold pretty quick on the initial break, and TRIN-5 will tell you to buy the market, but if the market has more momemtum to go down in a corrective phrase, you got killed. it works when market starts to trend or in a consolidation period. Not at the turning point. Anyone based TRIN-5 to sell the NDX will get killed this week for sure. It also work better with NYSE (i.e. DOW) than NAZ for obvious reasons. A friend and I are doing some backtest on Jerry Favors TRIN-5 and STIX for 1997, if we ever get finish, may forward you the spreadsheet.