. The market is more overvalued, more overbought, and more complacent than it was in March 2000>>>
appocolyptic today<<<<
probably a buy signal, lmao
stockcharts.com[w,a]daclyyay[df][pb200][vc60][iUb14]&pref=G
i had a big gafooo with don wolanchuk back in sept 00, he said that .5 p/c ratio was basing (lmazzof) and that .75 was a rarity, well now folks the 200dma of put/calls is .74,
with a whole bunch of stocks selling at under 5 bucks(or gone), that were a 100-200 bucks back in march 00, with p/c ratios where they are, and ok valuations are high, but the bearish view is that the economy is in a continuous down spiral, and that earnings will not recover,
well ves, is big wrong on 2 of 3, the 3 of 3 is a question mark. |
