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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (10419)4/9/1999 1:58:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
Donald, the call buying in individual issues is my main concern sentimentwise. but i have noted that buying of OEX puts has actually increased while the market has gone up. if you look at the put/call ratio chart at decisionpoint.com , you will see that this has served as a reliable confirmation of uptrends in the past. usually it is only 2-3 weeks after the trend in the OEX put/call ratio has reversed once again that the market tops out.

hb


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