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

To: Jeffrey S. Lillie who wrote (25767)1/23/2003 2:45:09 PM
From: fedhead  Read Replies (4) | Respond to of 30712
 
I don't know what to make of the put call ratios. Are they no longer a reliable indicator . How can they be at .65 after 5 days down in the markets.

Anindo



To: Jeffrey S. Lillie who wrote (25767)1/23/2003 2:45:28 PM
From: Jeffrey S. Lillie  Respond to of 30712
 
IMO we jam thru 1030 and 886 on this run. if not im just going to sell calls and do something else (ggg).
j



To: Jeffrey S. Lillie who wrote (25767)1/23/2003 2:52:56 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 30712
 
10 times over the past ~5 years we've had 5 red Dow days followed by a green day. 8/10 times we were still ~3 days from the bottom. SPX not as definitive, it has cracked both ways with not only equal frequency, but with equal magnitude.

seriously considering not only closing long but flipping short at the close...


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