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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: Drbob512 who wrote (15551)	11/30/2000 10:14:11 PM
From: S.C. Barnard	Respond to of 100058

Dr. Bob: It's nice you ask what I think- People like being listened to, as you must know in your work- sometimes very helpful. I think you're right about tomorrow- caution is the way, as always. Thanks!

To: Drbob512 who wrote (15551)	11/30/2000 11:30:09 PM
From: kleht	Respond to of 100058

DrBob, I know you did not ask me. However, regarding the put/call reading above 1.0. I personally would feel more comfortable if there were no bounce at all with readings continuing above 1.0 for the next day, or two. Also, I sure would not object to see NASDAQ volume in the 3,000,000-5,000,000 share range. Might get TRIN up to your goal. The reason for my response is that I don't feel the put/call reading above 1.0 for one-day means much, especially since it follows so closely on the heels of a one-day reading below .50. To really knock the breath out of the eternal optimists the 10-day moving average reading should be approaching 1.0. Right now it is stuck around the .50 area. Not that encouraging. A couple more days above 1.0 might change enough minds though.