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


To: Justa Werkenstiff who wrote (39825)3/11/2002 2:43:04 PM
From: Zeev Hed  Read Replies (3) | Respond to of 99280
 
The problem with the equity P/C ratio, is that while it is "dangerous" below .5 (to the bull), I have seen it get as low as .4 before a turn occurred. Right now we are in the .45/7 area.

Zeev



To: Justa Werkenstiff who wrote (39825)3/11/2002 3:19:23 PM
From: Crimson Ghost  Read Replies (3) | Respond to of 99280
 
Must admit I am surprised by afternoon strength, but this looks like a last gasp rather than the start of another leg up.