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To: Mark Oliver who wrote (6871)	12/23/1997 10:47:00 PM
From: set	Respond to of 9124

> intra-day chart for options, or any charts for that matter? tscn.com sold earlier and bought back today perhaps?

To: Mark Oliver who wrote (6871)	12/23/1997 11:42:00 PM
From: Gottfried	Respond to of 9124

Mark, re options: caveat - I'm not into options. The Dec 18. issue of IBD has an article on p A19 saying that option players are most often wrong. A chart shows the #puts/#calls ratio and the claim is made that a high ratio (>0.8) is bullish. The ratio since April only rarely and briefly rose over 0.8. Less than 0.4 is considered bearish. This is for the whole market - not for individual stocks. I have neither experience nor opinion on this. Several experts are quoted as saying they use the ratio (published daily by IBD) together with other indicators. GM