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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Suresh who wrote (33335)	7/12/2001 3:16:37 AM
From: Johnny Canuck	Read Replies (2) \| Respond to of 69796

Hi Suresh, I am not sure I would bet against this move to the upside either quite just yet. Yesterday's EPC: EQUITY OPTION TOTAL EQUITY CALL VOLUME : 447667 TOTAL EQUITY PUT VOLUME : 410670 TOTAL VOLUME : 858337 EPC=0.92 Today's EPC: EQUITY OPTION TOTAL EQUITY CALL VOLUME : 602,824 TOTAL EQUITY PUT VOLUME : 466,160 TOTAL VOLUME : 1,068,984 EPC=0.77 Notice the large increase in call volume. Trader's bet big time on the call side today, even before the MSFT news came out. It could have been the oversold condition in addition to the CPQ guidance of making their number. Jim, RFMD, NOK, TQNT, VTSS, KOPN, ANAD. Back to break mode. This darn market keeps calling me back. Good luck everyone.