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To: Didi who started this subject	10/13/2000 11:27:58 PM
From: Didi	Read Replies (1) of 1115

Buy Signals? optionstrategist.com Selected highlights. From Lawrence McMillan's commentary, 10/11/00... >>>The equity-only put-call ratios are beginning to reach levels seen at previous major bottoms the last two Octobers, as well as May, 2000. Still, we cannot call a "buy" until these ratios roll over and begin to turn down. Also, our oscillator is painting a very similar picture. It stood at -284 as of Tuesday night. It won't give a buy signal until it can close above -200. Hence, it may come to pass that all three of these equity-only put-call ratios, the oscillator, and implied volatility give buy signals more or less simultaneously in the fairly near future. That would be a powerful combination.<<< ---------------------------------------------------------------------------------------------------- Volatility Index ($VIX) stockcharts.com CBOE Equity Put/Call Ratio ($CPC) stockcharts.com Lawrence McMillan's Oscillator (M) ... ~ -405 per my calculation as of Friday, 10/13/00.

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