ISEE initial position call/puts at 176. Only a couple
reading above 150s in the last 2 years and they preceded major turns. The
highest of all was 212 or so and it was about 2 weeks ago. The 212 and a
160 reading more recently have yet to culminate in a downturn. CPC is
similarly overloaded with calls relative to puts recently. Extreme
bullish levels. Even mainstream analysts are super bullish; Nenner,
Eliades, McHugh and most anyone you see on CNBC (figure that).
And Monday is Feb 9, the first full moon and lunar eclipse
following a solar eclipse), the focal point of the Puetz crash window (first
suggested by Steve Puetz and elaborated by Peter Eliades, Chris Carolan and
Robert McHugh). Noteworthy but not *necessarily* dispositive.
FYI last year I recollect September 15 or thereabouts was the comparable day in
the Puetz crash window (I think that was the day). But do recall what
transpired thereafter.
Following is one of several discussions of the Puetz window.
http://www.spiritoftruth.org/crashoct.htm