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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (43623)	9/25/1999 10:05:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 94695

Well Bill you made me spend $3 to buy a Barrons, and My remarks are that the P/C ration is still reasonable at 54/100. Below .4 will make me worry (July 9, 16 it was .33, .36). Further I checked out several the near the money option of several high profile stocks and found that put option are a bit more expensive than call options, which indicates fear. Also the daily CBOE P/C Equity at .56 are not bullish but more to the neutral bias. This coupled with the VIX around 30, may provide a upward bias to the market IMHO. Those indicators are viable for 1 to 2 days. BWDIK Haim