Technical analysis for shorts & longs Message Board

STOCKTALK

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 : Technical analysis for shorts & longs

SPY 691.72

-0.1%

Jan 16 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Johnny Canuck who wrote (24268)	11/7/1999 9:13:00 AM
From: d. alexander	Read Replies (1) of 69854

Harry; looks like another good site. Thank you! After the H&S that didn't play out to its fatal conclusion (1100), I have a healthy respect for the strength of the SPX, plus a tendency to doubt directional portents <g> Optionsource keeps an eye on the equity put-call ratio CBOE Equity P/C Ratio Date Equity P/C 21-Day MA 11/4/99 0.394 0.5 11/3/99 0.449 0.501 11/2/99 0.457 0.499 11/1/99 0.42 0.5 10/29/99 0.373 0.507 10/28/99 0.421 0.514 10/27/99 0.564 0.517 10/26/99 0.458 0.517 10/25/99 0.524 0.517 10/22/99 0.462 0.52 Most Recent Daily Alert Comment: (11/4/99) At 0.50 and targeted for 0.48, the equity put/call ratio 21-day is finally projected to turn lower, nearly three months after its initial foray above 0.50. This is now very bullish, as this is, from a length of time perspective, the largest amount of pessimism ever indicated by this indicator. It is likely to be bullish for many months. In addition the OEX put-call ratio (these 2 have been stuck in a range for months) is beeping.... Most Recent Daily Alert Comment: (11/5/99) Yesterday's reading of the OEX put/call ratio reached 1.65. In Addition, the OEX was up for the day. Our research into this indicator has shown that an occurance of this high of a reading on a positive day for the market has signaled bullish conditions. Return results from equivalent signals are listed below: Days After Signal 5 10 15 20 25 OEX "At Any Time" 0.32% 0.64% 0.96% 1.29% 1.61% "After Signal" 0.68% 1.27% 1.83% 2.32% 2.59% Yesterday's signal follows-up an even stronger OEX put/call ratio signal from last week. On Thursday, Oct 28, the OEX put/call registered a reading of 1.51 on a day in which the market was up nearly three percent. But, hey >>>how can there be etc., if the market doesn't tank?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next