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To: skinowski who wrote (62563)1/2/2003 12:04:24 PM
From: The Freep  Respond to of 209892
 
Put call also supports a bullish case right here, but maybe first trading day of the year is skewed in general?

Seems like a good time to be wary of everything <g/ng>

the freep



To: skinowski who wrote (62563)1/2/2003 12:12:35 PM
From: Shack  Read Replies (3) | Respond to of 209892
 
I paid attention to that guy from atop his potato soapbox.-g. There were reasons to be bullish but most were 'indicator' based. Like the ever popular 'oversold' argument and we were also approaching some decent fib support.

At this stage it can still go either way which is why I am hedged. There are some recent breakdowns on the verge of 'fixing' themselves. But the 'oversold' readings have been relieved.


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