Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Crimson Ghost who wrote (56227)	12/6/1999 8:25:00 PM
From: BigBull	Read Replies (3) of 95453

George, "In the latest American Association of Individual Investors survey, the bullish sentiment has exploded to 62%, and bearish sentiment down to only 13%." Put/call ratio's lowest in ten years. Vix dipped below 20. This is a one sided market if there ever was one. How far these tech stocks can be pushed, is not known, but today people started heading for the exits. This "musical chairs" market is rapidly losing the chairs to sit on. I don't think it has much left in the tank. I'll be looking to add put positions further out in time. IMO it ain't gonna take much to push this over. Every body is in. Start looking for the "air pocket" parade. Most smarter investors won't wait for the fed to hike rates.

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