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To: Shack who wrote (115567)3/28/2005 7:42:29 PM
From: jjstingray  Read Replies (1) | Respond to of 209892
 
Another thorn is this crazy puts vs calls on the QQQQ's. I just do not see a dump throught those high put levels. Could be we get a decent couple of week bounce to kill them.

finance.yahoo.com



To: Shack who wrote (115567)3/28/2005 8:54:26 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
FYI....The last word I could find on that from our guru was a one sentence ref on Mar 11 that he thought numbers were still bearish (for the market, that is).......but gave no numbers or further info.......Think your questions may have scared him and led him to pull away from too much detail.....g

<<...we don't even have a single lower low in any index yet...>>

?? Am I reading you right?? Lower lows.....below Jan/Feb lows... in COMPX/NDX....Also, of those 23 narrow indexes/ETFs I scanned over the weekend, 13 have made lower lows......



To: Shack who wrote (115567)3/28/2005 9:38:50 PM
From: steve from ihub  Read Replies (1) | Respond to of 209892
 
one general observation from the weekend and tonights reading is that the many folks think we are wicked oversold now. they have been so trained in the ways of the bull that they forgot what a real selloff is. imo they will be reminded in the not too distant future. this comment has nothing to do with rydex ratios. 2005 is going to open a whole lot of eyes.