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Strategies & Market Trends : P&S and STO Death Blow's

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To: Jeff who wrote (7516)9/19/2002 11:40:01 PM
From: mishedlo  Read Replies (1) of 30712
 
November ramp?
Can it be a Nov Failure?
CSCO RAMP twice in a row.
3 ramp jobs off CSCO?

How about a capitulation off CSCO huge miss?

Looking ahead, I am seeing something I have not seen for a while. PUTs outnumbering calls.

People here have reported high PC ratio but I want to see it in OI to believe it.

Well I see it.

Puts outnumber calls by a huge margin at 19 20 21 22 and 23 in OCT. We are gonna have one hell of a collapse or (IMO a big rally in OCT due to max Pain).

WE need a spark. Not sure what that will be.
Of course this is preliminary and if we have couple days of up here and there and call buying kicks in then end of rally. At any rate calls at QQQ 24 outnumber puts by a huge margin. So a collapse to 19-20 and a rally to 24 then a collapse in Nov when CSCO blows up?

All speculation but as a bear I do not like those puts building up in OCT.

M
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