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

To: donald sew who wrote (56733)10/30/1998 12:50:00 PM
From: James Strauss  Read Replies (1) | Respond to of 58727
 
Don:

I see S&P 1120 as the magic threshold for movement to Dow 9000... If we close above 1120 we get to 9000...

New Highs 42

New Lows 7

We continue to see the New Lows drying up... Market bottoms are made when this number diminishes... As for New Highs, the ratio of New Highs to New lows (42/7 = 6) becomes significant... We have 6 New Highs for each New Low... Very bullish...

Jim



To: donald sew who wrote (56733)10/30/1998 1:01:00 PM
From: Elroy Jetson  Read Replies (1) | Respond to of 58727
 
5 Day TRIN at now at 4.26, previous TRIN readings as follows:

TRIN ** Date
+0.70 * 10/30 12:30pm
+0.59 * 10/29
+0.79 * 10/28
+1.16 * 10/27
+1.02 * 10/26
+1.06 * 10/23
+0.92 * 10/22
+0.89 * 10/21
+1.06 * 10/20
+1.02 * 10/19
+0.88 * 10/16


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