SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Full Disclosure Trading -- Ignore unavailable to you. Want to Upgrade?


To: Alastair McIntosh who wrote (7382)12/31/2003 3:30:04 PM
From: Return to Sender  Respond to of 13403
 
OT: Along with high put to call numbers today both the VIX and VXO have been close to being stretched 10% above their respective 10 day sma's.

investorshub.com

These are the kind of indications that have supported this rally all along. In other words I am a lot less negative about next week's trading, at this point today, than I was yesterday.

We are getting dangerously overbought for sure but that put buying and the rise in the VIX/VXO to levels near 10% above their 10 day sma's could be extremely supportive to the market.

As far as the put buying as insurance? Could be as good a reason as any.

RtS



To: Alastair McIntosh who wrote (7382)12/31/2003 3:34:09 PM
From: Alastair McIntosh  Read Replies (1) | Respond to of 13403
 
O.T. Darn, forgot the O.T. in my previous post. Now, I'm going to hear from Gottfried.