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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: John Madarasz who wrote (52214)	5/25/2000 11:54:00 PM
From: bobby beara	Read Replies (2) \| Respond to of 99985

john, you must have missed this chart i posted a few days ago. decisionpoint.com we is a long way from the october 99 lows, and i doubt the action of the last couple of days has moved it down there yet. Damn you bubble heads, in a bear market people are buying more puts than calls, people are still buying at least twice as many calls as puts, sometimes three times on this decline. i don't give a doody about index poots, i'm looking at equity put/calls, this is where you find the wrong way corrigan's at the extremes, they is buying too many calls as the nasdaq is dropping 37%. one last thought before bearic von buggeroff signs off. the nasdaq blow-off that started basically in august (thank you REGIS -g-) never had more than two or three declining days in a row, and now it is resolving itself in the same way, the bulls get 1, 2 3 days on the upside and baboom. and on this decline, most analysts, most top timers, WSW elves, everybody and their brother is counting on a summer rally - ho ho ho. i need a ho -g- i remain bugger von bobanoff