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Strategies & Market Trends : Classic TA Workplace
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To: bcrafty who wrote (48735)8/2/2002 1:05:09 PM
From: Shack  Read Replies (1) of 209892
 
Thanks jj and bcrafty. Carpino seems to have hooked into the market's groove and I respect that while it lasts.

Of note here, The DOW is now in the vicinity where this sideways/down cannot be looked at as a '4' any more. I still think we have a 'b' here and we will get another wiggle high.

I have still not seen a big move in the QQQ O/I putcall for Aug/Sept. That ratio dropped a bit again but is still within its recent range at .66. Despite the low equity P/C we have seen, there is not that many calls being opened here.
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