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Strategies & Market Trends : Classic TA Workplace
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To: Jack of All Trades who wrote (65448)2/5/2003 7:08:42 PM
From: jjstingray  Read Replies (1) of 209892
 
Yep, I think we have some more to go down. I was thinking 1260/1270 would do it for me on the Comp, but the failure today made me more bearish. I think we could see that put call ratio go to 1.5 before we really get out of the mud. We are just now starting to see some fear. Now is not the time to be buying puts, but I sure would not be buying calls either.
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