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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (24599)8/18/2001 7:52:49 AM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 30051
 
Zeev: FWIW, bounce pre Fed. in March was in the Nasdaq. QQQs went from 40.75 to 43.26 on March 19th the Monday before the Fed. meeting.

Also, extreme put/call reading matching 1.08 registered on March 16th on a Friday no less. Highest of the decline. Market bottom registered four trading days later on March 22nd for broader averages with much lower p/c readings.