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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.44

+1.6%

Nov 10 4:00 PM EST

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To: Kailash who wrote (40917)	2/22/2000 11:50:00 AM
From: The Ox	Read Replies (1) of 99985

"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)." Wouldn't this be considered a contrarian bullish indicator?

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