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Pastimes : Ask da_cheif -- Ignore unavailable to you. Want to Upgrade?

To: da_cheif™ who wrote (5392)	9/26/2001 10:42:22 AM
From: Chip McVickar	Respond to of 8150

Here's some other bullish goodies: >>market vanes bullish consesus soared all the way up to 23 percent...<< -On Friday, the CBOE put-to-call ratio hit the highest one day reading in its history, according to Investor's Business Daily. The 10-day ratio also hit a record and was higher than after the 1987 crash. -Last week's decline ranked as one of worst in history. Each comparable decline was followed by an explosive rally. -The VIX tested the highest levels of the bottom in 1998 before turning down late in the day on Friday, leading to a strong volatility trading buy. -Short-term interest rates have hit record low levels. A sharp plunge of this magnitude in short-term rates led to the two biggest rallies of the last twenty years (1991 and 1982). -Friday's market showed all the classic earmarks of a climax with the market gapping down big to the low of the day on the opening. The market tried to sell off several times but never challenged the early lows. It also traded tremendous climactic volume, a record for the day and for the week. -The advisory sentiment polls have finally hit excessive levels on bearish sentiment. -The Nasdaq and S&P 500 both found support at major multi-year level of the October 1998 lows.