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Pastimes : All Clowns Must Be Destroyed

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To: yard_man who wrote (36544)5/30/2000 6:31:00 PM
From: pater tenebrarum  Read Replies (3) of 42523
 
well, sorry...i apologize to all the brave put buyers out there...

as a measure of how incredibly volatile sentiment in this market is, we had a CBOE total p/c ratio of 0,43 today, which is only 0,04 away from an all time low for a one-day reading.

the OEX p/c ratio of 0,599 (o.k., let's call it 0,60<g>) is the lowest one day reading i have ever seen...

apparently option traders at large are convinced nothing untoward can possibly happen anymore - quite incredible really.
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