I have ended full text posting. Instead, I post investment and related
notes in brief, cryptic form. The notes are not intended as advice, but
are just notes to myself.
Retired chief investment officer and former NYSE firm
partner with 50 plus years experience in field as analyst / economist, portfolio manager / trader,
and CIO who has superb track
record with multi $billion
equities and fixed income
portfolios. Advanced degrees,
CFA. Having done much professional writing as a young guy, I now have a cryptic style. 40 years down on and around The Street confirms:
CAVEAT EMPTOR IN SPADES !!!
The TRIN for the Naz measures buying pressure vs. selling pressure. A high TRIN reading --
the 21 day m/a exceeds 1.5 -- shows a deep oversold. A low TRIN reading below .90 shows
the Naz is overbought. The market is overbought at present. $TRINQ
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