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


To: HairBall who wrote (12537)4/30/1999 2:24:00 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 99985
 
LG and all, a glance at the OEX options chain reveals healthy demand for puts. in fact it has markedly increased while the market declined, with almost zero increase in call volume. option traders are not betting on a near term rebound (say between now and monday).that usually puts at least a floor under any decline.

regards,

hb