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To: byhiselo who wrote (74229)5/21/2003 12:02:22 PM
From: bcrafty  Read Replies (1) | Respond to of 209892
 
byhiselo, too many bears with itchy fingers
calling the top?

That 10 dma on $CPC still has a bit of down to go before we really top this market, IMO.



To: byhiselo who wrote (74229)5/21/2003 12:13:58 PM
From: Shack  Read Replies (2) | Respond to of 209892
 
Although we've discussed it before, stay away from index options in your P/C analysis, I have found that they have no predictive value for whatever reason. Equity putcall has helped me much more. FWIW I have it on the high side, but not extreme. My 10 day MA is at .73 there which is the middle to high end of the recent range.

BTW I am even skeptical of this ratio now due to the large QQQ leaps we are seeing traded skewing this number.


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