SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: William H Huebl who wrote (43623)9/25/1999 10:05:00 PM
From: Haim R. Branisteanu  Read Replies (1) of 94695
 
Well Bill you made me spend $3 to buy a Barrons, and My remarks are that the P/C ration is still reasonable at 54/100. Below .4 will make me worry (July 9, 16 it was .33, .36).

Further I checked out several the near the money option of several high profile stocks and found that put option are a bit more expensive than call options, which indicates fear.

Also the daily CBOE P/C Equity at .56 are not bullish but more to the neutral bias. This coupled with the VIX around 30, may provide a upward bias to the market IMHO.

Those indicators are viable for 1 to 2 days.

BWDIK
Haim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext