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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: bobby beara who wrote (36815)1/6/2000 2:08:00 PM
From: pater tenebrarum  Read Replies (2) of 99985
 
Bobby, do you know how this indicator is arrived at? complacency reigns:

csf.colorado.edu

EDIT: i have found out that the emotional intensity index is mainly constructed using dollar volume of index options traded...it actually fits nicely with my earlier observation that the high VIX readings are misleading in the face of ever declining index put demand. no-one seems to think bad things can happen...:)

hb
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