MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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To: Michael Watkins who wrote (40902)	2/21/2000 9:32:00 PM
From: Kailash	Read Replies (2) of 99985

"I don't know a single individual investor (from friends, family and colleagues at work) that share my concern. They all wanna buy the dip. There may be folks like us, some technicians, and a few typical bearish commentators on the tube all calling for a downtrend, but counter balancing them you have the entire public and the sell side machinery all saying buy the dip." Hard to gauge this. What do you make of the NDX puts? "Chris Johnson, the managing quantitative analyst at Schaeffers, reports that there are now five times as many NDX puts open as calls (239,436 puts versus 48,336 calls)." Message 12932975 Kailash

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