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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call

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To: Softechie who wrote (11156)5/7/2003 11:34:17 AM
From: t2   of 11447
 
Too much PUT buying this morning..just look at the QQQ p/c.

I guess many are looking at "investor" sentiment as too bearish.. However, the "trader" sentiment appears to be bullish as they seem to be negative on the market.

At this stage of the market, the "trader" sentiment carries much more weight, imho. Traders are much more involved in the market than they were a few years when investors ruled.

I am looking for a strong rally in to the weekend.
The low bond yields are a bonus...it will sustain the stock market rally much longer, imho.
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