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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: J.T. who wrote (10991)3/4/2002 11:33:22 AM
From: Killswitch  Read Replies (2) | Respond to of 19219
 
Message 17146821

also from Jay Shartsis:

"Not Topping Yet
03/04/02 10:48 AM EST

The CBOE equity put/call ratio is staying at a quite high 0.65.

If the market were putting in a top here, I would expect this ratio to be near 0.45 or lower. This degree of trader pessimism is supportive of more rally. "