SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Classic TA Workplace
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: AllansAlias who wrote (27777)1/13/2002 2:22:29 PM
From: Shack  Read Replies (1) of 209892
 
If one does buy into P/C ratios meaning anything, I don't think conditions are right for a squeeze yet. I have been toying with a simple indicator. I look at an hourly chart of the P/C ratio (just stocks). and examine the 10 period SMA. When that MA gets above .65, we tend to launch up shortly thereafter, more often than not the launch is severe. That MA is at .58 and is rising off a low set mid-day on Jan 10.

Jan 2, Dec 20, Dec 14, early morning Dec 12, late Dec 3 are the last few times this indicator went above and each time was followed by a ramp.

This is a very short-term indicator but that is what we are talking here. As you know I am looking for down Monday. I am not sure if that corrective up which began late Friday is done as of yet however.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News