TRIN indicates bullish sentiment. Below 1 means bullish. Above 1.20 is bearish. If TRIN gets extremely bearish, a trend reversal is near. TICK is the number of stocks advancing/declining.
Not necessarily. Options are a zero sum game because there is one contract and one buyer and seller for each contract. Stocks tend to appreciate over time and there should be more winners than losers. Some win bigger than others.
There are stocks with much more potential than PALM ready to break out. Let me check and let you know. Didnt know there were long term investors on this board. Will PM you.
For a stock, the bottom is 0. Sounds funny but look at the highfliers of the 90s: CORV, AMCC, TERN, VTSS, WCOM.... As far as QQQ is concerned, it will probably exist forever but at what price?