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Strategies & Market Trends : Tech Stock Options

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To: HairBall who wrote (57722)	11/18/1998 9:37:00 AM
From: marc chatman	Read Replies (1) of 58727

LG, I've been watching the member/specialist indicator for awhile, and the over 30% bearish, under 30% bullish indicator doesn't really seem to be a good leading indicator of where the market is going. In fact, in many instances the indicators seems to lead in the opposite direction -- check out some of the over 30% positions leading to a lot of short covering and a boost to the market.

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