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Strategies & Market Trends : Technical Analysis With Charts

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From: MACD X2/22/2007 9:03:24 PM
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The crowd continues to be bearish and the rally will continue as in the past or until it stops which isnt the case at the present time.

finance.yahoo.com

Way more puts were purchased today than calls by a long way, in fact the 45 put along had more volume than all the calls together, the 44 put also was the case.

The dow Jones ETF DIA was also the case

finance.yahoo.com

This is nothing but a contrarian indicator and is bullish. The rally will likely continue in my humble opinion.
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