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To: Peace who wrote (31235)	9/27/2000 12:28:59 PM
From: Paul Shread	Read Replies (1) \| Respond to of 42787

P/C ratio .95? Bizarre - it was around .50 yesterday.

To: Peace who wrote (31235)	9/27/2000 12:45:49 PM
From: donald sew	Read Replies (6) \| Respond to of 42787

Peace, >>>> Can we expect a strong bounce soon? Intraday Put/Call ratio at 0.95 at 11:00. I dont remember seeing such a number in a while.Interestingly SPX 2.24 while OEX 0.27. Equities at 0.94 is a very fat number. <<<<< That is a high number for the P:C ratio. Im not sure that a rally right from here will last. I think a stronger rally would start if the market heads a little lower. Per my short-term technicals there is still a little more downside potential. That doesnt mean that a rally cant start from here, but if it does Im more inclined that its just part of a zig-zagging pattern. I am expecting a more important rally than just a short-term rally within a week or so, but if it starts today, it just may be a 1-2 day affair as we have seen recently.