The Dead Cat Bounce Theory Message Board

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Strategies & Market Trends : The Dead Cat Bounce Theory

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To: John Liu who wrote (1639)	6/20/1997 1:27:00 PM
From: James F. Hopkins	of 1836

John; the OI is "open interest" my take on that is the contracts plus any open bids. The OI can be compared to a chart on the option..and generally you will see the past volume just about matches it. Large OIs are worth watching, often tell you much more than news reports, the ones that are longer term "leaps" are the most meaningfull. As for interpertating them, thats a very mixed thing and often even the experts don't agree. I have my own take on what they mean to me. AM I in below the mean average, or am I on the short end of the stick, that's my largest concern. Jim

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