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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Return to Sender who wrote (8353)2/1/2003 8:09:46 PM
From: Gottfried  Respond to of 95757
 
RtS, [edited] so PVI is calculated like this >To calculate the PVI simply divide today's put volume by a 10-day moving average of put volume. The threshhold reading for a BUY Signal is 2.0 or greater (today's put volume is twice the 10 DMA).<

First of all we have to decide whether to use the equity put volume. I think we should. That can be had from CBOE, as you know. They'll e-mail it for free. Then it's a matter of putting it in a spread sheet.

Or, just go with Schaeffer's equity p/c ratio - posted daily but delayed by a day.

I haven't seen a chart of PVI. In fact never knew just puts could be used as an indicator. Wait, Decision Point has charts of it for subscribers [$12/month]. I would not use it because it is much too busy for me. They call it Bollinger PVI.

Optionetics has an article on it optionetics.com

Gottfried



To: Return to Sender who wrote (8353)2/1/2003 8:47:25 PM
From: Gottfried  Read Replies (1) | Respond to of 95757
 
RtS, Schaeffer has the p/c ratio for individual stocks. schaeffersresearch.com

For AMAT it's 0.9 right now. High and therefore bullish for AMAT I think. Compare to INTC where it is 0.44

These are ratios of the 21 day averages.

Gottfried