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Strategies & Market Trends : Technical Analysis With Charts
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To: Bwe who wrote (4248)2/23/2007 8:56:40 PM
From: MACD X  Read Replies (2) of 6865
 
The market continues to be too bearish, the rally will likely continue

Message 23310322

This is the same post that I did yesterday but the readings are updated as there are on the last post.

But once again there are almost twice as many puts purchased than calls on the major indexs and from a contrarian stand point the rally will continue on to new highs.

It has been this way for a while and likely to continue to be.
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