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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (37156)3/23/1998 8:42:00 AM
From: joe smith  Read Replies (1) | Respond to of 58727
 
futures update

s&p -440

ndx +50 ( turnaround factor at work)

maybe i will be right. tech up and dow down.

js



To: Patrick Slevin who wrote (37156)3/23/1998 8:44:00 AM
From: donald sew  Read Replies (1) | Respond to of 58727
 
Patrick,

That bullish sentiment survey is quite interesting. As I read that note I am under the impression that it is a contrarian indicator like the PUT/CALL ratio.

The jump from 33% to 64% in a week for bullish sentiment, caught my eye.

Patrick, I also saw a huge jump in the NEW HIGH/NEW LOW ratio which I have been following. It is also at levels which seem to be at the extremes.

Thanks for the post.

Seeya


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