Zeev, maybe you could help me understand the tic/trin relation. On tuesday, the last day of 2002, the tic naz and nyse was rarely negative; but he trins were > than 1.25. I remember that you told me this was a sign of distribution. The following day, however, the market had its huge up day.
Am I mistaken about the divergence or were the seasonal factor just too much for the tic/trin relation as a predictive tool?