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To: At_The_Ask who wrote (67556)2/27/2003 2:33:00 PM
From: Perspective  Read Replies (2) | Respond to of 209892
 
Are they doing away with call options or something? The crowd is tripping over themselves to buy.

cboe.com

overall PC @ .57

That would imply an ending to this rally sooner rather than later. Perhaps I'm asking too much for my long-side hedges...

BC



To: At_The_Ask who wrote (67556)2/27/2003 9:22:43 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
Since this chart was posted on Feb 10 HUI completed the Wave 3, then traced out a Wave 4 consolidation, and after that declined in a Wave 5.

ttrader.com

Take a look at 30min chart “enlargement” of that Wave 5. I see a declining triangle / triple bottom (most likely 4 of 5) which will need one more swing down before a serious recovery is likely to begin.

ttrader.com