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To: mishedlo who wrote (69996)3/30/2003 1:24:36 PM
From: Shack  Respond to of 209892
 
I have had to chuck the my P/C indictor because of the nonsense with the QQQ Leaps last month and now this.

Don't even look at P/C much anymore.



To: mishedlo who wrote (69996)3/30/2003 1:58:31 PM
From: the-phoenix  Read Replies (2) | Respond to of 209892
 
OK, thanks. Two things I noticed are that the OI in the April 22s is extraordinarily high, which certainly suggests a bearish outlook by whoever is playing those, and that the volume on the May 22s has never shown any volume prior to Friday that would have corresponded with opening that huge position, so that Friday's volume looks like it must have been both opening and closing the position almost simultaneously? Why would someone do that?


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