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Sam_0

10/22/03 1:06 PM

#163633 RE: All Mtn Ski #163629

I can not find the symbol for Naz Trin.q on my esignal..anyone know what it is?? TIA

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Joe Stocks

10/22/03 1:15 PM

#163644 RE: All Mtn Ski #163629

The trin is a ratio.

The formula for the Trin is as follows:

Advancing Issues / Declining Issues
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Advancing Volume / Declining Volume


So, even if you had 1 stock advancing for 5 declining
and volume 1 to 5, you would still have a ratio of 1.0 although the market could be down 300 points. Some feel the trin is only important by showing a 5-day average showinga trend. I find trin readings almost worthless on a intraday basis - much because of what we are seeing today.