Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (12189)	12/23/1997 12:00:00 PM
From: Barbara Barry	Read Replies (1) \| Respond to of 94695

Bill, Is your bid on a put or a call? I have observed that the open put interest (OEX) is higher than the calls.(contrarian/bullish indicator) The puts were still a bit more expensive yesterday than the calls.Now with the market down the call premiums are holding up relatively well and the call buying is a bit stronger.Since the MM's are the pros,my read is that someone thinks there is a "little" rally around the corner.Does your VIX substantiate this scenario? Hope so! <GG> Happy Holidays, Barbara PS My TC2000data of about 1000 charts is still bearish with waaay more new lows than highs.Since I follow more techs than anything, I have a bunch of UGLY charts!Holding a couple calls and remaining a confused bear...;)