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To: Cosmo Daisey who wrote (6478)11/18/2002 3:51:09 PM
From: Cary Salsberg  Read Replies (1) | Respond to of 10713
 
RE: "Market professionals believe the bottom is in place and are acting as if it is."

Is the "bottom", then, a self fulfilling prophecy?



To: Cosmo Daisey who wrote (6478)11/18/2002 3:59:56 PM
From: Morris Catt  Read Replies (1) | Respond to of 10713
 
>>>>Market professionals believe the bottom is in place and are acting as if it is.<<<<<

Really, then maybe you can explain why the CBOE put/call is now down to 0.62 while the OEX put/call is up to 1.03. Looks to me like somebody is buying increasing volumes of OEX puts. That's not J6P doing the OEX put buying.

All IMO.