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ReturntoSender

02/27/07 4:14 PM

#7263 RE: ReturntoSender #6813

TRIN and TRINQ:




3 Year TRIN and TRINQ readings on the 5 and 10 day simple moving averages over 1.5 are bullish while readings below 0.85 are bearish. These readings don't happen often especially with the 10 day sma. They are also early indicators so the market can continue higher or lower for a while but they are reliable for indicating market turns that are about to take place.