Replies to post #7101 on ajtj99's Market Pulse

[ajtj99]

Well, here's the TRINQ at another important top, Dec. 2:

http://stockcharts.com/def/servlet/SC.web?c=$TRINQ,uu[h,a]daclyyay[d20021130,20021206][pc20!c50!c200....

Note how it went over 1 that day, and went up significantly the following day. We haven't had that kind of selling yet.

I think Monday's open combined with this week's weekly chart will be the best bet for determining the near term direction.

I just don't want to discount end of month strength as a looming possibility, especially in the SPX.