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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (4960)9/30/1998 2:16:00 PM
From: SE  Read Replies (1) | Respond to of 44573
 
Patrick,

That is what I keep thinking too...down down down...but something is just chewing at me, and I just re-checked a post of ClayM's that I printed out some time ago. It stated that when the TRIN gets over 2.20, it is usually good for a 20 point bounce in the SPOOs. We are there at 2.25 or so. Caution might be in order at these levels.

-Scott



To: Patrick Slevin who wrote (4960)9/30/1998 2:38:00 PM
From: Tom Trader  Read Replies (1) | Respond to of 44573
 
>>I decided to start paring down my bond fund positions

May not be a bad idea--though I don't know what you pan on doing with the money.

I've got about 15% of my portfolio in bond funds--it's part of a retirement fund and I don't even look at it.

Looks like your 2:30 time frame was a good trigger--so is it supposed to accelerate now.