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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 685.66+0.2%4:00 PM EST

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To: augieboo who wrote (83283)7/6/2002 11:25:56 PM
From: bobby beara  Read Replies (2) of 99985
 
but some of the people I know who really know their puts and calls say that the equity-only P/C ratio is the one to look at, and that the options P/C ratio is worthless.

the cboe p/c buy and sell triggers (when the 21 dma changes direction) have been the same as the equity only p/c ratios (see larry's charts)

stockcharts.com

optionstrategist.com

and of course there are no guarantees right now that the 21 dma will turn down and start trending in the opposite direction it has been since mid may.
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