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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (11625)1/4/1999 1:20:00 PM
From: coug  Read Replies (2) | Respond to of 44573
 
My indicators just cratered up to 15', which if this keeps going
will turn south too which will put me on a sell.



To: Patrick Slevin who wrote (11625)1/4/1999 1:24:00 PM
From: jjs_ynot  Read Replies (1) | Respond to of 44573
 
>>> Two of the analysts I read are getting very bearish, primarily due to the equity put/call ratio. <<<

This would not be at all surprising as the big boys try to square positions going into options exp. next week. I have observed over the last 3 or 4 months that a lot of the squaring trades take place the week before exp. ever since ML and the rest got those big fines for "manipulating the market" during exp. week.


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