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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 690.270.0%Dec 26 4:00 PM EST

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To: Tom Pulley who wrote (83747)4/18/2003 10:18:18 PM
From: Jon Khymn  Read Replies (1) of 99985
 
Tom, thanks for your thoughtful post.
Life is good, after all these years, I'm still learning something new everyday -g-

I've compared put/short and VIX.
Both have a lot in common and the p/s ratio seems to be a useful tool, but I like VIX better as a investors sentiment gage.
VIX seem to represent better picture.

It's good to know the general public is quite comfortable with this market.
I think the shorts have a better chance of nice down turn when everyone feels all is well...

Stage is set for a rude awakening.
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