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Strategies & Market Trends : MDA - Market Direction Analysis

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Dec 3 4:00 PM EST

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To: bobby beara who wrote (21624)	7/31/1999 1:30:00 PM
From: Joan Osland Graffius	Read Replies (1) of 99985

bb, >>The put/call ratios indicate that the lion share of traders are very net long over the last six months and have not been considering the downside at all. What data do you think is a good indicator of investors buying puts or other instruments for insurance of a perceived downturn. The VIX has been going up recently but I do not know if this is a good indicator. Joan

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