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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (62262)12/27/2002 9:27:02 AM
From: mishedlo  Respond to of 209892
 
Yeah, but do you know when they were opened?

Why is it relevant?

M



To: ajtj99 who wrote (62262)12/27/2002 9:33:03 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
No. I don't much care really. Since we have no way of knowing what the intention of a sale is, all we can do is use extremes in OI as contrarian signals. It works more than half the time and that's the best we can hope for.

My last saved snapshot of ORCL was from the end of August. Although there has been significant new OI since then, the P/c is unchanged at between .18 and .19 -- very optimistic.


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