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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: anon who wrote (7893)11/25/2001 7:18:22 PM
From: ajtj99  Read Replies (1) of 99280
 
anon, if we pull back to only 1840, I think it is likely the bulls will still be roaming. They didn't leave when we high 1853 this week <G>.

Also, if we pull back over a couple of days, it is unlikely the put/call ratio is going to get over-extended, especially if it is a mild pullback. The put/call may get in the .75-.80 range, but that isn't too high.

I guess the market will tell us <G>
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