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To: Bill Harmond who wrote (80632)10/14/1999 2:45:00 PM
From: KeepItSimple  Read Replies (4) | Respond to of 164684
 
>I doubt it. Sentiment is too negative.

Thats a load of crap, and you know it. Everyone on CNBC keeps saying "sentiment is negative so we MUST be heading up" but all you have to do is look at the put/call ratio. That shows what people REALLY feel, and where they are putting their money.

As you well know, calls are at a 20 month high, outnumbering puts around 4:1. If everone is so bearish, like you claim, then why are they all betting the market is going to soar?

Don't worry- I understand these facts are something you simply can't explain, so I don't expect you to.