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Hi Linda,
I think that for what you're trying to do, a careful study of Linda
Raschke's work would be of great benefit. Just one of her many
accomplishments is a chat line in which she monitors such indicators
all session long for subscribers. Logs of these sessions are available
at http://www.mtrader.com/linda.htm Unfortunately, the logs after
March 18 have just been blocked to all but subscribers, but there is
much to gain from a careful study of previous sessions. You will come
away with a much better understanding.
Good luck to you.
Bob Hunt
THE T-BOND DAY TRADING REPORT
e-mail: RHunt.066@xxxxxxxxxxxxxxxx
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> Linda Swope wrote:
>
> Real Traders,
>
> When I was a brand new (naive) trader I had one rule... trade an
> uptrending stock on an uptrending day. I've added about a zillion
> rules since then, but this one still makes sense.
>
> I asked about TRIN because I'm looking for an intra-day indicator to
> help me determine over- all market direction. I figure even if I
> can throw the odds a tiny bit in my favor by trading the day's
> market direction, why not take that help?
>
> Any suggestions on either the validity of my premise or preferred
> indicators?
>
> Have a good week!
> Linda
>
> linda@xxxxxxxxxxxxxx
> Climb the mountains & get their glad tidings: Peace will flow into
> you as sunshine into flower; the winds will blow their freshness
> into you & storms their energy, & cares will drop off you like
> autumn leaves. John Muir 1838 - 1914
>
>
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