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In my statistic work, it is coin flip odds for a
higher close, near 53% for the S&P futures. My normal query found a
better than 80% chance for a higher high.
But just using trin and closes, The focus is still
about 50% for a higher close, and HH, but... this query also found about 75 to
80% chance of lower low
so Ben's warning about losing some of the icing,
could happen on Monday..
Maybe Clyde's swing machine has a different view.
Don Thompson
<BLOCKQUOTE
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
<A href="mailto:profitok@xxxxxxxxxxxxx";
title=profitok@xxxxxxxxxxxxx>profitok
To: <A
href="mailto:realtraders@xxxxxxxxxxxxxxx";
title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx
Cc: <A
href="mailto:vdonovan@xxxxxxxxxxxxx"; title=vdonovan@xxxxxxxxxxxxx>Vincent
DONOVAN
Sent: Sunday, August 26, 2001 2:05
PM
Subject: [RT] sp500
Hello
the sp500 is somewhat stronger then the
NASDAQ(Mcllullen osc at a better reading) I still see a decrease for
next week
a lake of participation (low holiday
week)
the 5 day total trin the 5 day Ave trin and the 10 day Ave
trin are at a 15 day low
add to that a decreasing p/c and
the icing on the cake an increase in price without an
increase in new hi
be careful
BenTo
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