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AMEN.. one saying comes to mind "IF this is a rally.... I can't wait for
the decline"...
----- Original Message -----
From: <chrischeatham@xxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, August 31, 2001 12:21 PM
Subject: [RT] Re: Interesting TRIN stat
> Personally, I think there's another issue to deal with here...the
> leaders going down are skewed toward large caps here, which is why
> all the trin type stats are what they are... GE, IBM, etc. still look
> to me like they're going to get chopped in half...if that happens,
> hard to see how the rest can hold up. So we just keep grinding down,
> like the Dax has been doing...get really oversold, bounce, get really
> oversold again, bounce...and the Vix and NDX vix are still telling me
> that people are not too scared...yet.
>
> Chris
>
>
> --- In realtraders@xxxx, hbernst963@xxxx wrote:
> > Some good things come from CNBC dept: A technical analyst mentioned
> today that for just the 4th time in 25 years we have had two
> consecutive days of daily TRIN readings over 2.0. I've just finished
> verifying the info and the 4 readings have occurred on August 4, 1982
> (four days before that low), Oct 19, 1987 (need I say more), Mar. 12,
> 2001 (3 weeks before that low) and yesterday.
> >
> > Food for thought.
> >
> > Howard Bernstein
>
>
>
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>
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