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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (11903)8/17/2000 5:47:53 PM
From: Alias Shrugged  Read Replies (1) of 436258
 
Re: put/call ratios. The QQQ always seems to have significant put activity. maybe this is mainly hedging, but there is always lots of put buying (I think more than calls) and it is the unwinding of this hedging which, IMO, is helping drive this sucker north.

I'm sure I knew at one point, but could you refresh my memory and tell me again why $32 oil is bullish?? -gg-
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