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Strategies & Market Trends : Experienced Investors
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From: Saulamanca9/27/2005 1:48:59 PM
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Steven Smith
Call Buying at Extreme
9/27/2005 12:49 PM EDT

The International Securities Exchange ISEE, which is basically a call/put ratio, hit 279 at midday, its highest reading in over year. The ISEE is calculated based only on opening customer transactions, which supposedly provides better insight into retail or public sentiment. As such today's high reading could be taken as a contrary, or bearish, indicator.

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