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

To: jjs_ynot who wrote (14680)	5/23/1999 2:53:00 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 99985

>>What is the TRIN signal for a bounce? I have cumulative 5 and 10 day TRIN near neutral. << Well I did rework my formula recently but back testing it showed the same results. My chart is at the MDA website at homestead.com only in severe selloffs does it usually rise above the level of the parallel lines and my trigger is set to switch to bullish at the level it is at now. Through back testing and using my formula whichis close divided by volume cumulatively going back 12 days, the buy signal did well when triggered at 6.566 and sell signal at 4.781. It missed a few times so I rounded off to one decimal and set my limits there. We are currently over 6.5 as of Friday. Good Luck, Lee