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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Karin who wrote (199)8/21/1998 9:35:00 PM
From: Justa Werkenstiff  Respond to of 15132
 
Karin: Great find on the put/call information. We might hear about this from Brinker over the weekend as it is one component of his sentiment indicator.



To: Karin who wrote (199)8/24/1998 10:23:00 AM
From: Wally Mastroly  Read Replies (1) | Respond to of 15132
 
Karin, congrats on your good eye & as Justa predicted, Brinker did indeed comment on the Put/Call ratio this weekend. This contrarian indicator put forth a tremendous sell signal on Friday (happens only once or twice in a 10 year period - he said).

That, followed by the bounce back in the market Friday afternoon, seemed to make Bob ecstatic about the prospects of a market headed to new highs in all indexes (in the next 6 to 9 months).