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To: Joseph G. who wrote (4411)8/26/1998 11:00:00 PM
From: HH  Read Replies (1) | Respond to of 86076
 
So Joe, whats you think? Should I hold on for a big
sleigh ride or scalp a few K at the time?

I just changed my limit GTC nov70 put order from sell @ 15 to sell @ 20
I am an eternal optimist. HH




To: Joseph G. who wrote (4411)8/27/1998 9:45:00 AM
From: yard_man  Respond to of 86076
 
Yeah, everybody assumes when the put/call ratio goes high -- negative sentiment means we are going up. It's similar to the extrapolation of earnings ad infinitum -- it's worked for while.

May not always work? <g>