Tuesday, February 27, 2007
The TRIN Goes Nuts
We haven't seen the TRIN behave like this since 2002 and that was during the the time the market was putting in a major bottom. Interesting to see a TRIN reading this extreme with the market still relatively close to the highs. The concern here is that the swings are too extreme and that we could see a quick snap back later in the week. We'll see. These are days when I sure miss Bill Lefevre and Lou Ehrenkrantz.