|
PureBytes Links
Trading Reference Links
|
One of the things that has never been discussed on RT in my recollection
is the evidence that the NASDAQ is now the leading index with the S&P500
lagging.
Any comments regarding money actually leaving the NYSE and migrating
over to the
NASDAQ?
BobR's comment that a sideways SnP500 could be up for the near term,
why? people are taking money out of it and putting it into the Nasdaq.
Only the NASDAQ stocks in the 500 are holding the thing up. (No
evidence.. just assuming)
Comments
Don Thompson
ROBERT ROESKE wrote:
>
> This chart uses only the Equity put and call volume in a 5 day summation and
> comes much closer to your tabulated data. Larry McMillan says the equity
> data gives better sentiment readings than the index alone and thus would
> lead you to believe also better than the combined data.
>
> BobR
>
> ----- Original Message -----
> From: <Jpilleafe@xxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Saturday, January 22, 2000 1:55 PM
> Subject: [RT] Re: Intermediate / Longer Term Top? for S&P500
>
> > In a message dated 1/22/00 1:38:48 PM Pacific Standard Time,
> > bobrabcd@xxxxxxxxxxxxx writes:
> >
> > << By weekly P/C does Barron's mean the Friday data or the summation of
> the
> > weeks put volume divided by the call volume? >>
> > ************************************************************
> >
> > Bob,...
> >
> > >From what I think,...the Weekly CBOE Put/Call ratio
> > quoted in Barron's (p. MW64 for current issue) is derived
> > using the summation of the week's Put volume,...divided by the
> > week's Call volume,....(added up each trading day,..etc,..then
> > divided out on Friday' close). I am certain it is not the CBOE
> > P/C data for Friday alone.
> >
> > Your pcratio.gif is especially interesting....and although it does not
> > quite mirror the data points I noted in my post,...it does a good job
> > of indicating overbelief and overfeared,..etc. Thanks...JIM
> >
> >
> >
>
> ------------------------------------------------------------------------
> Name: PCratio3.gif
> PCratio3.gif Type: GIF Image (image/gif)
> Encoding: base64
|