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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (31426)	2/17/2002 8:09:24 PM
From: AllansAlias	Read Replies (2) of 209892

You look at something like BBY and all you can do is shake your head. Ufb. What a run. What the hell are retailers trying to tell us? Woof, woof! What interesting here, is that the crowd is clearly betting against it. Seems reasonable, but what does this say: The crowd is smart now. I doubt it. OI put ratio has been trending higher. Short interest is high. Lots and lots of doubt. With it going sideways now for weeks, the options should be cheap. (I have not checked beyond the Mar 70 P, whish is reasonable.) Perhaps a straddle into Radio Shack this Thursday. What a strange environment we have built these last few months.

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