5 replies to this topic

[OEXCHAOS]

I'm having trouble making the math work. I've been looking at a high ARMS all day. It doesn't look right. Am I getting bad data? If not, this market is likely to pull back. Of course, I'm pretty sure we've got an error thanks to the holiday. Mark

[briarberry]

should be low according to rough calc from this data

http://finance.yahoo.com/advances

[dcengr]

TRIN is reading 1.14 TRINQ is reading .33 from my data feed..

[OEXCHAOS]

That's more like it. I was seeing 1.39. Still, a bit high, and still a bit suspect. I hate trying to get a good bead on things right after year's end. Mark

[vulture]

To be honest, over the last quarter, I've seen many up days with high TRIN values and an assortment of down days with low TRIN values. In fact, the days where the TRIN actually confirms the price action in either direction have not seemed to occur much in recent months.

[OEXCHAOS]

So, was it coincidental or was the high ARMS on the rally predictive of the failure? I know this, we're getting exactly what I predicted in the ISA Weekly, as many of you know from reading it yesterday. Mark