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To: Paul Shread who wrote (58055)10/30/2002 1:48:24 PM
From: The Freep  Read Replies (1) | Respond to of 209892
 
Paul -- I noticed yesterday and again today that the Index Only ratio has hovered around 1.0, and that seems very low for that ratio. That said, I don't see a major change in max pain or open interest at strike prices I've been watching on the QQQ or OEX, so I don't know what to make of it. Do you watch that ratio at all to know what to make of this, if anything?

the freep



To: Paul Shread who wrote (58055)10/30/2002 2:47:36 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
Equity P/C on all exchanges as per Qcharts is a benign .59 but it has indeed been climbing today.

I am still trying to add to the 'P' side of that equation.-The DOW structure off the lows looks like shite and that BKX H&S looks like it is in play for now. I've got this on a short leash though.