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Friday, 05/02/2003 8:09:45 PM

Friday, May 02, 2003 8:09:45 PM

Post# of 241
Maybe it is time to update my TRIN study again. TRIN this week (yesterday specifically) exhibited its classic behavioral pattern. Or more accurately, the markets responded to the high TRIN in a classic manner. TRIN spiked up near 3.0 on some bad news. This signalled the end of the selling and the market almost immediately turned around.

After being largely on the "outs" for about the past 9 months, it may be a good idea to pay more attention when the TRIN reaches high levels intraday. This may be more evidence of the arrival of a new bull market.

Will see if I can get to it this weekend. . .

Warp

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