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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (53180)3/24/1999 6:03:00 AM
From: valueminded  Read Replies (3) of 132070
 
Mike / All:

I have also noticed that the put premiums have not expanded in this down move. As a matter of fact, the time premiums have fallen and the only thing keeping them profitable is some are in the money.

I find this highly unusual, but to me it indicates that the sentiment is waaaayyy bullish. When the premiums begin to expand, it will indicate that bullish sentiment has at least moderated to some extent. (imo) What you think ?
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