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To: pater tenebrarum who wrote (26246)4/14/2000 5:16:00 PM
From: Activatecard  Read Replies (2) | Respond to of 42523
 
Didn't the put/call ratio stay very bullish all the way to the manic top? Maybe it stays bearish to the VERY bottom?



To: pater tenebrarum who wrote (26246)4/14/2000 9:28:00 PM
From: Thomas M.  Read Replies (1) | Respond to of 42523
 
that said, the put/call ratios are getting close to panic bottom levels.

One perspective on oscillators and other indicators such as this:

When they read oversold, and there is a weak bounce (or none at all), that means we are in a bear market. Sort of a "dog that didn't bark" indicator.

Tom



To: pater tenebrarum who wrote (26246)4/14/2000 9:45:00 PM
From: yard_man  Read Replies (1) | Respond to of 42523
 
GE is a great short -- even at these levels -- their bread and butter is financing now. Better than shorting a shaky bank -- its much more overvalued


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