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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 (43753)10/2/1999 12:47:00 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
That Web site states that the put/call ratio is 30.52 and that the ratio has never been that high... if that's not a screaming buy signal, I don't know what is... although you are already agreeing that we're likely at a bottom in here...

I think we'll see new highs soon enough... certainly within the next six months we could see a very huge rally that will take the DOW to 13K or better.., maybe.... perhaps..... could be..... we'll see.....<g>

GZ



To: William H Huebl who wrote (43753)10/2/1999 3:26:00 PM
From: James F. Hopkins  Read Replies (2) | Respond to of 94695
 
Bill the dollar is the problem..
charts.quotewatch.com
look for it to make 96 then buy .



To: William H Huebl who wrote (43753)10/3/1999 8:30:00 PM
From: Jon Matz  Read Replies (1) | Respond to of 94695
 
Bill on your page you note: "HERE'S THE RUB: Our call-put ratio (remember - that is the ratio of open interest of the equity CALLS vs the open interest of the index PUTS) which normally signals extreme speculation when it gets over 20 is now resting at 30.52 (never ever been that high)! We cannot emphasize enough the danger registered by the level of that figure. It usually takes 2 weeks from the publication of that figure to when the market keels over. Lessee, Oct 4 plus 14 days... "

Pardon me if I'm wrong, but it seems you've been noting that we're over 30 for several weeks already. Isn't it supposed to keel over sooner rather that later?

Thanks, Jon