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


To: Jeffrey S. Lillie who wrote (67275)5/14/2002 8:55:24 PM
From: LTK007  Respond to of 99280
 
with this i call it a night//i still am seeing 0.57 on the one page cboe.com O.52 on the other page (for 3pm Central Time)http://www.cboe.com/MktData/default.asp
is this a plot by CBOE to drive us mad?(VBG)



To: Jeffrey S. Lillie who wrote (67275)5/14/2002 9:26:44 PM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
Jeff, I've already got my puts <G>. Anyway, suffice to say the put/call ratio is indicating a near term top. What this means for next week, I can't say for certain.

If this is a 3-wave correction off the previous 5-wave move down, it should be followed by a 5-wave move in the same direction of the previous move (down). We could move down here fast once the top is resolved.