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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (7885)	2/8/2000 6:23:00 PM
From: pater tenebrarum	Read Replies (2) \| Respond to of 42523

i'm looking forward to today's p/c ratios...the 5-dma of the CBOE total was at 0,44 yesterday and the index put dollar volume nearly reached a 25-year low. based on that alone, we should get armageddon soon. the train will pull out of the station slowly at first, then gather speed and ultimately it should snowball into an outright panic, to everybody's vast surprise. still, the CSCO reaction so far suggests that it won't begin tomorrow. nevertheless, NOW is the time to add some cheap far otom puts imo... mutual fund cash levels are at record lows, margin debt at record highs, RYDEX ratios and p/c ratios at record lows, bullish sentiment per the polls near record highs. the stage is set.