|
PureBytes Links
Trading Reference Links
|
The put/call ratio and its relationship to the S&P remeinded me of the
similar relationship between VIX and the S&P. Taking your put/call
data, I normalized the dates to reflect the first trading day of the
week for that data point, and then joined the result for weekly VIX data
for the similar period. Attached, is the resulting chart. The
relationship is rather strong, over the past year. In the message
that follows this one (for size reasons) I'll attach the spreadsheet
that I used to construct the chart, in case you want to experiment
on your own. - Gary
X-Zm-Content-Name: pcratio_vix.gif
Content-Description: plot of PC ratio and VIX
Content-Type: image/gif ; name="pcratio_vix.gif"
X-Zm-Decoding-Hint: mimencode -b -u
Attachment Converted: "f:\eudora\attach\pcratio_vix.gif"
|