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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (12032)2/27/2009 12:02:04 AM
From: ajtj991 Recommendation  Read Replies (1) | Respond to of 33421
 
I offer up the equity put/call ratio as evidence of rampant bullishness the past 3-sessions.

It's been at levels we typically see at highs, not multi-year lows (0.60-0.66).

The last time it was at these levels was just prior to the dump off 944 SPX in January.