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Strategies & Market Trends : E-Mini Pit -- Ignore unavailable to you. Want to Upgrade?


To: the-phoenix who wrote (3093)5/6/2002 8:27:05 AM
From: the-phoenix  Read Replies (3) | Respond to of 11288
 
Well, I see at least one person in the world agrees with me on the turning point in the NDX:

wallstreet-online.de

In general, tho, after browsing a number of boards this weekend, my take is that the sentiment on SI is so bearish right now that I think we almost have to go up <G>.

On another note, I have been watching the 100 day moving average of the Put/Call Ratio and see that it now exceeds the September 2001 peak:

stockcharts.com[h,a]dalannay[dd][pc100!a.765!f][iUj[$spx]]&pref=G

Just more food for thought. Be careful of new shorts in here. The market usually does what we expect it won't.

Phoenix