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charles meyer wrote:
>
> Enjoyed the inherent wisdom of this post. IMHO, the floor
> does not have a monopoly on fear. Also, turned upside down,
> can't we also state that greed is the key? What do you guys
> think about some quantitative definition of Trin as an expression
> of fear and greed?
>
> Charles.
I wanted to bounce off the idea of Pivot Point calcs of R1, R2, S1 and
S2 as "normal" boundries of greed/fear. Any ideas as to what would
quantify a boundry of irrational fear/greed.
I was thinking that it would normally be contained within historical
volatility.
To me Trin by virtue of its structure is not a linear expression of fear
and greed since once below 1 it changes scale. I always get confused by
this ratio,
Don
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