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

To: mishedlo who wrote (28450)	9/22/2001 8:47:26 AM
From: Rick Storm	Read Replies (1) \| Respond to of 30051

I am not sure why the pc ratio on friday was a major alert; the ratio has been 1 or above 1 every day this week except wednesday; granted the total number of options has rises from tuesday to friday. There is no question the market is amazingly oversold. I remember during the bubble, the market stayed overbought for a long time and confounded the "experts". I ask this only because I know you have been very cautious( and correct) in the past; best--rs