Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (12189)	12/23/1997 12:00:00 PM
From: Barbara Barry	Read Replies (1) of 94695

Bill, Is your bid on a put or a call? I have observed that the open put interest (OEX) is higher than the calls.(contrarian/bullish indicator) The puts were still a bit more expensive yesterday than the calls.Now with the market down the call premiums are holding up relatively well and the call buying is a bit stronger.Since the MM's are the pros,my read is that someone thinks there is a "little" rally around the corner.Does your VIX substantiate this scenario? Hope so! <GG> Happy Holidays, Barbara PS My TC2000data of about 1000 charts is still bearish with waaay more new lows than highs.Since I follow more techs than anything, I have a bunch of UGLY charts!Holding a couple calls and remaining a confused bear...;)

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