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No. of Recommendations: 4
Hey KPers, we actually got to see green arrows today!

For help to interpret these #s this message may help
http://boards.fool.com/Message.asp?mid=14622097

Volume
NYSE
M 1210 million light-moderate
T 1373 million-moderate
W 1434 million-moderate
TH 1338 million-moderate
F
NASDAQ
M 1808 million light
T 2535 million-heavy
W 2409 million-heavy
TH 2292 million-moderate
F
Advance/Decline:
NYSE
M .63 1182/1861
T .31 737/2356
W 1.0 1522/1520
TH 3.08 2309/749
F
NASDAQ
M .37 1022/2724
T .26 800/3012
W .66 1488/2243
TH 3.27 2860/872
F
New Highs/New Lows
NYSE
M 87/49
T 33/158!(suddenly the laggards have taken control)
W 14/22
TH 61/32
F
NASDAQ
M 69/277
T 20/612!
W 26/529
TH 40/123
F

TRIN
NYSE
M 1.57
T 3.09
W .45!
TH
F
NASDAQ
M 1.54
T 3.70
W
TH .13 The lowest TRIN in 52 weeks!
F
52 week range .17-11.17

TICK COUNT
NYSE
M -615
T 278
W 213
TH 1108
F
52 week range -1376- 1535
NASDAQ -
M -993
T -91
W -796
TH -241
F
Most Extreme Tick count
NYSE
W -676
TH--82
NAS
W-893
Th-120
bearish 52 week range -1299- 1103

VIX
NYSE
M 34.75
T 39.33
W 39.07
TH 35.10
F
52 week range 18.06-41.99
NASDAQ
M 72.22
T 75.12
W 76.37
TH 76.29
F
52 week range 59.96-78.96


Put / Call Ratio: Equity Options
M .67
T .99
W .75
TH .59
F
Put / Call Ratio: Index Options
M 2.10
T 2.16
W 1.04
TH 1.07
F

CBOE Volatility index
M 34.75
T 39.33
W 39.07
TH 34.98
F

Nice rally today! We closed strong and dvancers led decliners 3 to 1. The TRIN is at a 52 week low on the NASDAQ, all signals point to the rally to spill over into to tomorrow. We are still in a bear market so keep that in mind, this could be a bear trap. Regardless it is nice to have a big upday for a change, enjoy it!
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No. of Recommendations: 3
Hey KPers, I just had something to add. We need to be skeptical of these up days, so average in your postions cautiously. That being said the TRIN today ranged from.07-.56 on the NYSE and .10-.26 on the NAS. I have never heard of such low TRIN numbers, that is some large positions being bought in. So proceed with caution, but my God today was powerful! What a rally!

Fool On,
Peter
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No. of Recommendations: 0
Though i'm glad to hear that the "TRIN" is looking good, I just have one question:
What's a TRIN?

Cheers,

sunshine42
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No. of Recommendations: 9
short-term trading index aka TRIN
This evaluates buying and selling pressure. Specifically it measures the amount of volume going into advancing stocks versus the amount of volume going into declining issues. The formula is:
TRIN=(#of advancing issues/# of declining issues)
____________________________________________
(upside volume/downside volume)

A TRIN between .65 and .90 is a bullish sign for the short term. A reading below .65 is considered very bullish. A reading between .90 and 1.10 is considered neutral, any reading above 1.10 is bearish. TRIN can be used to help time your purchases. Example-if TRIN is bullish you might want to place your "ask" slightly above the "bid". If the TRIN is bearish you might wish to place market orders as it is unlikely you will receive a better price by waiting.
as of today, March 24 the TRIN is .55 for the NYSE and 1.46 for the NASDAQ.
TRIN works best when combined with the New High-New Low index. If TRIN becomes oversold while NH-NL reaches a new low it shows the bears are strong. If TRIN becomes overbought but NH-NL rises to a new high, it shows strong leadership in bulls and the uptrend is likely to continue.
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