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Pardon my ignorance, but, do sentiment numbers really give good primary
signals? I tend to use price action and its derivatives to generate my
primary signals and sentiment and breadth numbers as backup information to
tell me that my analysis of the price action is probably correct or to tell
me to watch the price action especially carefully. What are the pros and
cons of using sentiment numbers to generate primary trading signals?
In a message dated 11/18/1999 5:41:44 PM Mountain Standard Time,
Proffittak@xxxxxxx writes:
<< hello
20 days ago p/c ratio on above was 3/1
10 days ago as hi as 4 puts for every call
today is FIRST day that it is 5200/5900
a clear sell from an option trader
trade well
Ben >>
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