SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: chic_hearne who wrote (116618)6/20/2000 2:27:00 AM
From: Petz  Read Replies (1) | Respond to of 1571075
 
chic, thanks for the article on timing the market with put/call ratio. I'd also suggest looking at pacificex.com daily. That page has the put/call ratio for pacific exchange options which are heavily weighted with technology issues.

Mondays reading of 0.3682 is extremely high, expecially for a day in which tech stocks zoomed. Even on AMD it was still 0.308. I generally consider anything below 27% as bearish, above 35% as bullish if the market is neutral, but on an "up" day like today, I expect a lower put/call ratio. The numbers indicate a good dose of skepticism, which is very healthy for a continued uptrend.

One of these days I'll start collecting this data to do a good statistical analysis of the predictive ability of put/call ratios. Unfortunately I don't think there's a good source for historical data for free.

Petz