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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (43615)9/25/1999 2:08:00 PM
From: marginmike  Read Replies (1) of 94695
 
"What tells me it would be a good time to be tip-toeing for the exits is that the open interest of equity calls ratio to
open interest index puts has climbed even higher and stands at 26-1! IT HAS NEVER BEEN THAT HIGH to my
knowledge. No, I'll take that back... run screaming for the exits and NOW!!! (IMHO)"

i do not understand, Are you saying calls outnumber puts on the index's 26-1? Or were you saying if that happened you would run to the exits.
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