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Strategies & Market Trends : Tech Stock Options
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To: Patrick Slevin who wrote (32018)12/28/1997 4:16:00 PM
From: donald sew  Read Replies (2) of 58727
 
Patrick,

Just got your email on the PUT to CALL Ratio. In the past I have seen similar charts and they were misleading at times. After looking at the chart there were times that it spiked into the bullish area and the market went down and vice versa. Then there we times that it was as accurate indicator, although it was not consistant as a trend indicator.

I did notice that the put to call ratio was low so there really is not that that many puts; therefore will assume that there will not be that many short and the liklihood of a short squeeze to assist any runup is slim.

Is that also your interpretation of that chart.

Thanks

Seeya later
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