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

To: HighTech who wrote (53823)	9/25/1998 8:49:00 AM
From: HairBall	Respond to of 58727

HiTech: Emotions say short, technicals say buy. Depends on whose technicals you are using! Regards, LG

To: HighTech who wrote (53823)	9/25/1998 8:51:00 AM
From: donald sew	Read Replies (5) \| Respond to of 58727

HiTech, I just started following the TRIN. I believe it was mentioned earlier that the 5-day TRIN has been over 6 for the last 3 days. Has that happened before? So can I conclude that it failed yesterday, although I am aware that it is an accurate indicator. I have noticed that many technical indicators are giving incorrect signals or lets say changing their parameters. For example, the VIX was normally a SELL signal when it was under 20 and noticed that it did change to around 28 and then 36. I realise that the VIX is not as accurate as the TRIN, but its one example of technical indicators failing/changing. Could it be that with the extreme volitility that the sell signal on the TRIN is actually moving higher?? Just want to learn more about the TRIN, since it is a valuable short-term indicator. seeya