Javascript Disabled Detected

You currently have javascript disabled. Several functions may not work. Please re-enable javascript to access full functionality.

why is trin so low

Started by Shazzam , May 19 2010 11:12 AM

Next

Please log in to reply

11 replies to this topic

#1 Shazzam

Member

Traders-Talk User
258 posts

Posted 19 May 2010 - 11:12 AM

Does anyone know why trin would be so low if everyone is selling? this low number is more in line with lots of buying.

Back to top

#2 Darris

Member

Traders-Talk User
1,667 posts

Posted 19 May 2010 - 11:24 AM

Up volume is heavy on some headliner Banks, GS JPM and GE. Breadth is much weaker on a ratio basis than the ratio of up/down volume. Thanks for mentioning the anomaly.

Back to top

#3 Citation

Member

Traders-Talk User
102 posts

Posted 19 May 2010 - 11:32 AM

There is a lot of buying going on, especially in the financials. I subscribe to several short term trading advisories and they all started accumulating longs yesterday, especially FAS.

Back to top

#4 qqqqtrdr

Member

Traders-Talk User
3,251 posts

Posted 19 May 2010 - 11:33 AM

I believe it is bullish if the market sells off and TRIN is low.. It is Bearish if the market is going up and TRIN is high.... It doesn't happen that often... Barry

Back to top

#5 Shazzam

Member

Traders-Talk User
258 posts

Posted 19 May 2010 - 11:44 AM

any examples of previous periods where trin was low and we bottomed?

Back to top

#6 Darris

Member

Traders-Talk User
1,667 posts

Posted 19 May 2010 - 11:48 AM

You may not remember March 9th 2009, LOL, but on that Monday, headline Banks were being bought and the NYSE tRIN closed around 0.40. the rest is His-to-ry!! spx was probably down a percent or so.

Back to top

#7 Citation

Member

Traders-Talk User
102 posts

Posted 19 May 2010 - 11:52 AM

I believe it is bullish if the market sells off and TRIN is low.. It is Bearish if the market is going up and TRIN is high.... It doesn't happen that often...

Barry

So, TRIN represents the "smart money?"

Back to top

#8 qqqqtrdr

Member

Traders-Talk User
3,251 posts

Posted 19 May 2010 - 12:59 PM

I believe it is bullish if the market sells off and TRIN is low.. It is Bearish if the market is going up and TRIN is high.... It doesn't happen that often...

Barry

So, TRIN represents the "smart money?"

It can...

http://www.investope...g/03/021203.asp

Back to top

#9 Rogerdodger

Member

TT Member*
26,991 posts

Posted 19 May 2010 - 01:24 PM

Yesterday the TRIN never exceeded 3 and yet the 5 day TRIN @ 9.46 was the highest it's been in some time.

http://stockcharts.com/c-sc/sc?s=$TRIN&p=5&yr=0&mn=1&dy=10&i=p84917835693&a=190641364&r=2609.png

"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.