Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Piffer Thread on Political Rantings and Ravings -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (1410)	9/24/2001 10:34:57 AM
From: John Pitera	Read Replies (1) \| Respond to of 14610

Does it make sense to look at the put and shorting activity as an advance warning in retrospect it made sense with the European reinsurers, and AMR and UAL, but in this bearish environment there are other reasons people are shorting. we had a super negative put/call reading on friday: The option indicators were the most extreme with VIX going over 57 for the first time since the 1998 October low. The IBD put/call volume indicator closed at 1.21. That is the highest reading ever recorded since tracking began in December of 1985. New yearly lows were over 700 on both the NYSE and the Nasdaq.