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Hello Ben,
I can not comment on p/c ratio from marketclues.net but p/c ratio
reported on CBOE site is still *relatively* low for this week - on
average it was about 1.0 since Monday. As far as I understand high p/c
ratio considered bullish should be about 2.0 or so.
Best regards,
Alex mailto:alex_bell@xxxxxxx
Friday, May 23, 2003, 6:17:11 PM, you wrote:
p> Alex
p> p/c could be some institutions
p> but when all index combine and then seprately dow, sp500, all very
p> bullish ratio
p> (everyone buying puts) for 3 days now
p> Ben
p> ----- Original Message -----
p> From: "Alex Bell" <alex_bell@xxxxxxx>
p> To: "BobsKC" <realtraders@xxxxxxxxxxxxxxx>
p> Sent: Friday, May 23, 2003 5:14 AM
p> Subject: Re[4]: [RT] spx daily
>> Hello Bob,
>>
>> Sentiment is what people think/feel about market. And most of them
>> bullish. As for what they are doing, I can't see how majority can be
>> short - there always two side of the market. Do you mean majority of
>> institutions?
>>
>> Best regards,
>> Alex mailto:alex_bell@xxxxxxx
>>
>>
>> Friday, May 23, 2003, 5:06:42 AM, you wrote:
>>
>> B> Again, what is the bullish sentiment? What people tell pollsters or
p> what
>> B> they actually do? If you go by what they are doing, and if you believe
p> in
>> B> contrarian principals, (which you obviously do), then you would be
p> long.
>>
>> B> Bob
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