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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (6304)11/16/2001 6:46:07 PM
From: Zeev Hed  Read Replies (4) | Respond to of 99280
 
ajtj, I think that the end of next week has "seasonal strength", the beginning of the week should have some weakness since there is a possibility that a lot of stock was bought to cover open written calls positions, these are often unwound early in the post expiry week.

Zeev



To: ajtj99 who wrote (6304)11/18/2001 3:04:38 PM
From: DebtBomb  Read Replies (1) | Respond to of 99280
 
ajtj99, the put/call ratio is getting mighty low at .50, could go a bit lower though, has hit .45 - .47 previously this year at major tops, Jan. and May.