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DowDeva

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DowDeva

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Re: None

Tuesday, 07/28/2015 7:35:57 PM

Tuesday, July 28, 2015 7:35:57 PM

Post# of 51848
(TRIN)The late, great, Terry Laundry once said that TRIN readings of .90-100 generally constituted distribution, but a 'low' reading was a markedly bullish signal. I find this particularly true in regards to tech.

TRIN closed at .41 today. The last low reading (below .40) was .21, on July 9, the day before market bottomed and subsequently rallied till July Opex.

~D

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