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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: High Country Trader who wrote (8503)10/6/2001 9:31:29 PM
From: SnowShredder  Read Replies (1) of 19219
 
Hi Gary,

Do you have any thoughts on the recent Put/Call Ratios? As the Index PC ratios have been high...eg Friday it closed ~2.34. Compared to the Equity Put/Call Ratio which doesn't show too much fear, although Friday closed @ 0.81...with the Total PC closing @ 0.96. Should one pay more attention to the Index PC ratio over the Equity PC ratio, the opposite, or the total pc ratio? In that, is there an order of higher correlation between the different PC ratios and the market, that we should pay attention to? Thanks.

Best of Luck,

WHG?
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