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Strategies & Market Trends : Waiting for the big Kahuna

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To: PnclNk who wrote (27758)9/13/1998 7:46:00 PM
From: Tommaso  Read Replies (3) of 94695
 
Well, I guess I will answer my own question.

Last time the put/call ration sank this low(about .55 according to the data posted earlier)there was an additional 10% decline in the market soon afterwards:

marketgauge.com

OK, now please, some well-informed and contentious SOB comment and straighten me out. Am I misreading or misinterpreting something?
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