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Politics : Ask Michael Burke
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To: John Pitera who wrote (63564)6/30/1999 11:35:00 PM
From: Knighty Tin  Read Replies (1) of 132070
 
John, Nah, I never put much stock in the put/call ratio. There are too many hedgers taking positions that have little relationship to straight trades and, of course, you can create calls using puts and create puts using calls, so I think the correlation with market moves is more an accident than a correlation.
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