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What were the NOW readings on 3/22 and 4/4? Or, what days did the NOW reach
a peak near those days? Monday 9/17 was a direct hit on the OEX Jupiter
support line in the 4th Harmonic, just like it was support or a reversal
level back in March and April. It took 3 days to make the low.
bobr
----- Original Message -----
From: "Norman Winski" <nwinski@xxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, September 17, 2001 8:12 PM
Subject: Re: [RT] Mkt - put volume ratio
> Bobr,
>
> Monday's NOW Index is + 1.97. This is the highest NOW on this side of
the
> market I have seen in years. Back in the 70s and early 80s, I used to wait
> for a 2.00 or greater as my threshold. However, during the great bull
> market bubble, the parameters seemed to shrink to the 1.50 level. So, I
am
> now watching to see if there is a new threshold level for the current bear
> market.
>
> Cheers,
>
> Norman
> ----- Original Message -----
> From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Monday, September 17, 2001 6:19 PM
> Subject: [RT] Mkt - put volume ratio
>
>
> > Not too surprisingly, put volume hit the deep threshold buy level of
twice
> > the ten day average.
> >
> >
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> >
> >
> >
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> >
> >
>
>
>
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