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


To: Vitas who wrote (31369)10/12/1998 10:14:00 PM
From: ViperChick Secret Agent 006.9  Respond to of 94695
 
just as a point of reference...

BMI has the trin on 10-9 as .52

but we know how the quotes can differ

interesting that two days under .5 would be a buy signal...

those two days would tend to set up the 5 day trin to be under 4



To: Vitas who wrote (31369)10/12/1998 10:48:00 PM
From: bearshark  Read Replies (1) | Respond to of 94695
 
Vitas:

More snake-oil. I checked some dates.

6/22/88-------no, unless we count the distant winner of 11/29/88
8/17/88-------no, unless we count the distant winner of 11/29/88
11/29/98-----OK, one right.
8/24/89-------lost again
11/12/90-----'nother loser
4/30/97-------OK, a winner

The failed 5-day call that confirms a trend is probably a more reliable indicator than the above. At least that has 5-days of data.

The ARMs index is a wonderful tool if one uses it to gauge the strength or weakness in the market. However, these elixirs just seem to be unreliable.