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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (18317)6/23/1999 5:28:00 PM
From: Les H  Read Replies (1) | Respond to of 99985
 
"Cherney said the Chicago Board Options Exchange equity-only put-call ratio finished at an extremely low 0.318 on Monday, which suggests a possible S&P retracement near-term.

The indicator has finished below 0.320 five times since November, Cherney said. Each time, it has coincided with a retracement of about 4 percent in four to five trading days. "

biz.yahoo.com



To: Les H who wrote (18317)6/23/1999 6:16:00 PM
From: James F. Hopkins  Respond to of 99985
 
Got it; But me is into the indexes and they don't trade much
a lot like stocks , I don't think any consistent trading style
will work anyway. Every time I find some holy grail it works
just long enough to get me tooo confident.
Jim


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