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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: marc ultra who wrote (3057)1/29/1999 1:07:00 AM
From: marc ultra  Read Replies (1) of 15132
 
re:put/call ratio revisited

I've been looking over these charts more carefully along with Don's earlier take on this and if I'm reading this correctly we're at roughly 0.52 today which remains a sign of extreme bullishness and taken along with the II number of 68.2% and continued new highs in the NAZ I have to remain very cautious at the moment on correction watch. I wish I sold a little UTEK this morning but I noted a tax advantage if I wait a few days and decided to chill out on this. I guess if Bob and/or Hodess pulls the plug on this we could see 14 again fast but we've been going through this a long time and I'm not ready to dump yet.

Marc
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