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Technology Stocks : Semi Equipment Analysis
SOXX 299.81+2.7%Dec 19 4:00 PM EST

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To: BWAC who wrote (13698)3/4/2004 10:13:05 AM
From: Nancy  Read Replies (1) of 95616
 
index put/call ratio almost always above 1.5 and close to 2. when it is below 1.5 that is low. it hardly goes below 1.

for the scenario you describe - have calls as insurance and short sell shares - that would also add selling pressure to equities, not helping it. essentially the same effect as RtS referred to (complacency call buying) though not for the same reason. No ?
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