SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: Petrol who wrote (3354)6/14/2002 5:34:52 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 17639
 
what to do about this put/call ratio???

Well, let's look at February/March of this year.

We spiked to a high of about 1.15 (eyeballin it) on Feb 18, one day before expiration. Feb 18 was a peak after five days of rallying and then we proceeded to drop 175ish points over the next 5 or 6 days.

This was then followed by an 11 day rally that went 250+ points.

The conclusion, a high CPC doesn't mean that we can't go down, but that we had better keep our eyes open in both directions.

Naz Feb 1 - Mar 14
stockcharts.com[w,a]daclyyay[d20020201,20020314][pb50!b200][vc60][iUb14!La12,26,9]&pref=G

CPC same period
stockcharts.com[w,a]daclyyay[d20020201,20020314][pb50!b200][vc60][iUb14!La12,26,9]&pref=G