YM & $Tiki

do you use it?...does it help and how?

 

Its soo choppy. I just stick all the dow 30 stocks on a watch board and see how many are up or down.

 

Thanks Spectra...how do you evaluate that as opposed to the $tiki?...do you use $tick or $trin?...thanks...

 

Mostly use the $TICK and $ADD (eSignal for Advance-Declines)

 

i find tick and ADD to be indispensable

i also watch bonds, sectors, and some key stocks (GS)

 

do you all find $Trin to be as valuable???

 

yes and no

trin is more of a "framework" indicator. iow, it tells me the trend of the buying (or selling pressure), and helps put institutional buying/selling in broad perspective.

the tick can be more shorterm to help with entries and exits.

i also look at accumulated tick (longer timeframe) data , which is similar to TRIN

but TICK and AD have more utility on a shorter timeframe, whereas TRIN is more of a longer term confirming indicator

 

I watch the TICK myself (for the ER2 also....does work).

 

great...bottommline...TRIN, TICK and ADD are amzingly important...they are REAL indicators and not like Stochs, MACD, MA, EMA...wow...