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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (43134)8/23/1999 6:17:00 PM
From: pater tenebrarum  Read Replies (1) of 94695
 
Bill, that's the thing...we're clearly NOT all on the same side. last time i looked, the put/call ratios were still very high, while members and specialists continued to be very long. so the rally is greeted with skepticism with the notable exception of the people closest to the market. we could well get a pullback in the wake of the FOMC, but it probably should be bought.

regards,

hb
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