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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (43439)9/12/1999 9:37:00 AM
From: wanmore  Read Replies (1) of 94695
 
Here's some fun homework. This site has "call/put" ratios in dollar volume not contract volume. (note it is call/put not put/call). take a chart of the DOW and look at or near key reversal days (for example the middle of July or the beginning and end of August or as far back as you want to) Now look at which way investors were voting at these points. It becomes clear very quickly that most investors are stupid and following the herd will almost always result in failure
208.6.184.213
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