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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: NickSE who wrote (4534)	1/22/1999 2:12:00 PM
From: Stephen	Respond to of 99985

Nick ... thanks .. I watch it closely, it seems a good lead indicator of market direction ..... Regards Stephen

To: NickSE who wrote (4534)	1/22/1999 3:54:00 PM
From: SJS	Respond to of 99985

To all those that use the TRIN. While it's an indicator, it's a slow moving prognosticing indictator. I liken it to a tugboat moving the Queen Mary Ocean liner. It's slow and takes time to change from where you would feel confident trading from it. For example, if the Trin is at 1.10 and move to 1.0, a SLIGHTLY more bullish tone is forcast, but you won't see large changes, and they may not be playable as such. If you use Quote.com's Java applet, it shows Trin with other RT indicators. It's a good "modifier", ie coupled with other indicator, it helps give a subjective view of what's happening. Hope this helps.