MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Killswitch who wrote (14943)	11/2/2002 12:51:48 PM
From: mishedlo	Read Replies (1) of 19219

Where are the bulls? Are you crazy? They are everywhere. Running thru my living room right now. look at the enormous numbers of calls building up. Take INTC for instance 50K calls vs 25K puts at 15 43K calls vs 12K puts at 17 1/2 10K calls vs 0K puts at 20 Rampant bullishness if you ask me. 50% rally off the lows and call buying greed is rampant Look at MSFT - same story Look at QQQ 126K calls vs 106K puts at 24 102K calls vs 38K puts at 25 56K calls vs 21K puts at 26 34K calls vs 5K puts at 27 This is major bullishness, most of those positions built up AFTER huge gains were already in M

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