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Re: [RT] Put Call Ratio (with corrected SP cash)



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Earl, do you know if your call and put data 
includes the ISE?  My dtn data only includes the amex, cboe, phlx, and 
pse.  Recall that Alex Jacobson said the ISE has become a major 
player.
 
bobr
<BLOCKQUOTE 
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  EarlA 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Tuesday, January 07, 2003 4:10 
  PM
  Subject: Re: [RT] Put Call Ratio (with 
  corrected SP cash)
  Sorry, the first charts contained incorrect plot for the 
  SP.Earl----- Original Message -----From: "EarlA" <<A 
  href="mailto:earl.a@xxxxxxxxxx";>earl.a@xxxxxxxxxx>To: <<A 
  href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx>Sent: 
  Tuesday, January 07, 2003 5:05 PMSubject: [RT] Put Call 
  Ratio> Bob, I've never been able to get much from using P/C as 
  a timing indicator> but I keep looking. I gave your formula a spin. 
  Attached Daily and 60minute> charts are from 
  QCharts:>> Black: QC:CallVal /(QC:CallVal +QC:PutVal)> 
  Blue: S&P Close price>> I don't see a strong correlation 
  between tops and bottoms in the P/C and> S&P. Am I missing 
  something here? Is there more to using this than simple> matching 
  extremes?>> Earl>> ----- Original Message 
  -----> From: "BobR" <bobrabcd@xxxxxxxxxxxxx>> To: 
  <realtraders@xxxxxxxxxxxxxxx>> Sent: Tuesday, January 07, 2003 
  3:50 PM> Subject: Re: [RT] setups>>> Good 
  observation and good question.  Sentiment has been something I've> 
  worked on to better pick the trades than time and support/resistance 
  andto> add positon trading to the daytrading activity.  Here 
  is one chart that> might answer your question about sentiment from a 
  contrary point of view.>> Another short setup occurs when the 
  dollar weighted $C/($C+$P)composite(red> line) reaches the 0.7 to 
  0.75 level as it did late on Tuesday.  Such alevel> can 
  represent too much bullishness, or the end of bullishness if it occurs> 
  at the end of an uptrend.  In either case it increases the odds 
  of> consolidation and or price erosion in the near future.  This 
  level comes> after a less than 0.25 ratio low on 12/27.  This also 
  completes a 6 day> runup in call premium and rundown in put 
  premium.  Such high levels areseen> at index high pivot 
  points.  Its just kinda comforting to know what the> environment 
  is.>>> bobr>   ----- Original Message 
  ----->   From: Kent Rollins>   To: 
  realtraders@xxxxxxxxxxxxxxx>   Sent: Tuesday, January 07, 
  2003 2:22 PM>   Subject: Re: [RT] 
  setups>>>   I've seen many, many people drawing 
  head-and-shoulders formations>   (non-inverted) on daily 
  charts of the last month or so.  Not just inthis>   
  forum but also on free and pay sites.  Aren't H&S formations supposed 
  to> be>   topping formations, not intermediate bear 
  market formations?  And ifthose>   same people 
  tried, could they find and inverted H&S formation on the> 
  current>   daily/weekly charts?  What does this say 
  about market sentiment?>>   
  Kent>>>   ----- Original Message 
  ----->   From: "BobR" 
  <bobrabcd@xxxxxxxxxxxxx>>   To: 
  <MedianLine@xxxxxxxxxxxxxxx>; 
  <realtraders@xxxxxxxxxxxxxxx>>   Sent: Tuesday, January 
  07, 2003 2:19 PM>   Subject: [RT] 
  setups>>>   OK, this is the setup I am looking 
  at for a long exit/short entry.Today>   marks the 4th day 
  of a positive NDX net percent up down volume (up ->   
  down)/total.  A lower high on the 4th bar of a 4 bar set with a 
  higher> high>   on the NDX may be a prelude to a down 
  day the next day...at least thatis>   the thesis being 
  examined.  Perhaps it is reinventing the wheel, but>   
  discovery sure is fun as is the journey.  I had an options system 
  that> could>   quintuple the account in 5 weeks of OEX 
  trading.  It was so boring Iquite>   trading it, 
  |;-) .>>   bobr>>   To 
  unsubscribe from this group, send an email to:>   
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