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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 (43778)10/3/1999 9:36:00 PM
From: pater tenebrarum  Read Replies (3) | Respond to of 94695
 
Bill, it is also noteworthy that the OEX put/call ratios have been extremely low of late...in fact, they're in danger territory imo, especially considering the market's weakness.

however, they are not always indicative of an impending sell-off. what one must look out for is what happens if the market rallies for a few days. if the OEX ratio then rises on the rally, the market is usually fine. if there is no rally we will of course not be able to observe what would have happened had there been one<GGG>.

the gravest danger to the stock market is imo still presented by developments in OTHER markets. see my comments on that on MDA:

Message 11432508

regards and good night,

hb




To: William H Huebl who wrote (43778)10/4/1999 9:39:00 AM
From: Jon Matz  Read Replies (1) | Respond to of 94695
 
Thank you very much. Perhaps I've been working too hard of late and it seems like opinions on this thread change day by day. So I thought I would bring it up. I do now remember that you were noting that it was over 20.

Good day Sir, Jon


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