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Strategies & Market Trends : Tech Stock Options
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To: donald sew who wrote (54206)9/29/1998 9:34:00 AM
From: HighTech  Read Replies (1) of 58727
 
IBD reports today that Lawrence McMillan says his indicators (3 of them) are all flashing bull signals. The S&P futures option put-call ratio, the McMillan oscillator, and the equity-only put-call ratio. All have turned positive. Article says that it is "unusual to see all three of these intermediate-term indicators pointing in the same direction. Usually when they do, a powerful - albeit a short-term- rally ensues. The tale of the tape over the next couple of weeks will tell the story."

HiTech
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