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

To: vampire who wrote (87189)6/27/2002 11:06:18 AM
From: Zeev Hed  Read Replies (3) | Respond to of 99280
 
A very good observation, .44 equity P/C ratio is more associated with tops than bottom, that is a very strong point for the bear, IMTO. Justifying getting above 60% cash, and sold BOBE at $30.44, for almost $3 profit, getting me to 62% cash.

Zeev



To: vampire who wrote (87189)6/27/2002 11:06:21 AM
From: Jdaasoc  Read Replies (1) | Respond to of 99280
 
Having said that, certainly the P/C ratio of .44 sez people are bettin' on a rally

That's equity P/C is 0.44. saying the little guy is betting on rally.
Big money betting on indexes are more bearish 1.33.


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