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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: LTK007 who wrote (97239)7/22/2002 7:50:04 PM
From: mishedlo  Read Replies (1) of 99280
 
Max Pain/PC ratio analysis Preliminary report

Not sure what IQAUTO has but my eyes say QQQ 25 on the nose.
Furthermore puts are building up.
Not good for the bear case but it is early.

Confirmed. IQUATO says 25 as well.
It is interesting that PC ratio everyone on SI is harping about at .6 or whatever is ass backwards. That is why I hate PC ratio and go straight to the bible. I think people were bailing on calls left and right (sending the PC ratio down), when in fact puts are building up, not calls.

M
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