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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Killswitch who wrote (12924)10/31/2002 12:26:54 PM
From: Steve Lee  Read Replies (1) | Respond to of 30712
 
"put/call numbers starting to look bullish"

That is a serious concern. They looked very bearish earlier in the week though and it didn't pay off.



To: Killswitch who wrote (12924)10/31/2002 12:30:29 PM
From: mishedlo  Read Replies (1) | Respond to of 30712
 
What numbers you looking at.
MSFT at strike 55 has about 5-1 calls to puts
INTC same story at 17.5 and 15
That is not bullish as both are above pain

QQQ is above pain as well with way more calls than puts at 24 and 25

Thus I disagree that PC ratio is bullish.

M