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


To: donald sew who wrote (20298)4/6/1999 2:21:00 PM
From: Brian Hornby  Read Replies (1) | Respond to of 44573
 
Actually I was just poking fun - I guess there are actually not many bears in the marketplace at large, and confess to have not researched the topic at all, as you appear to have done. So if your survey is correct and bullishness prevails, then perhaps that is actually a little bearish... By way of bullish/bearish sentiment, I do use the put/call ratio in my system, so perhaps if that is dropping my system signal will drop. (actually I don't know exactly how it affects the signal, with Neural nets this is sometimes hard to divine. All I know is it is in there and it is being used and has a certain equity factor etc). regards, Brian



To: donald sew who wrote (20298)4/6/1999 2:24:00 PM
From: Patrick Slevin  Read Replies (2) | Respond to of 44573
 
<They all confirmed there is hardly any selling in their office, and still quite a bit buying.>

Dipsticks, all over the joint.

I knew today would be tough for a net Seller.

Besides, those are clients. For all we know, Goldman traders are selling them the Calls.

Anyway, what would be more likely----The market goes straight up and makes everyone money or the market sells down hard first and only a few make money? Seems to me, the market won't give anything away.

Unless you own Internet Stocks, that is.