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Non-Tech : Invest / LTD
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To: NucTrader who wrote (12407)3/8/2000 11:51:00 PM
From: drsvelte  Read Replies (2) of 14427
 
Unless I am mistaken, the put/call ratio evidenced from this graph is about .1, ie, 1 put to every 10 calls. I do not think this is bullish, speaking from the contrarian side. Also, the Max Pain point is well below the current price, suggesting MMs would like to drive the price down to blow out the calls they sold. Just a conspiracy theory here!

Maybe I'm wishful dreaming! I sold all my ETEK @ 301. I will buy back -- hoping at lower levels. We'll see.
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