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Market Sentiment Alert 8/17/4


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#1 TTHQ Staff

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Posted 18 August 2004 - 07:49 AM

Market Sentiment Alert for Tuseday, August 17th, 2004




1) At the close today, our Dollar-weighted Put/Call Ratio ($wPCR) Engine picked the following stocks as good SHORT candidates due to their BEARISH (very high p/c ratio) reading:

Krispy Kreme Doughnuts (KKD) with a $wPCR of 21.8,

Calpine Corp (CPN) with a $wPCR of 11.2, and

Eli Lilly (LLY) with a $wPCR of 9.45;





2) And, our Dollar-weighted Put/Call Ratio Engine picked the following stocks as good LONG candidates due to their BULLISH (very low p/c ratio) reading:

Anglogold Ashanti Ltd. (AU) with a $wPCR of 0.00,

United Technologies (UTX) with a $wPCR of 0.02, and

U.S. Steel Corp. (X) with a $wPCR of 0.11.


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Please note that put/call ratio's forward-looking window is from one to three trading days from the signal day. Once you are in the trade, you should monitor the up-to-date put/call ratio reading as the confirmation of the trade's direction; or, in case of reversal of the put/call ratio value, as an exit signal.





Fari Hamzei
Fari@HamzeiAnalytics.com
http://www.HamzeiAnalytics.com


Fari is the founder of www.HamzeiAnalytics.com, a site which provides Quantitative Market Sentiment data, in real time, for approximately 250 of the most active Indices, Equities, Sector HOLDRS and Index Tracking Stocks. The data is dynamically updated throughout the day. It is the only online tool of its kind and you will not find it available anywhere else in its cumulative and real-time form. A must analytical tool for all serious active traders.


He is also the creator of its Dollar-Weighted Put/Call Ratios, Sector Volatility Matrix, Single Stock Volatility Matrix, and four professional trading systems: Tomcat, Tiger II , Hornet and SuperHornets. Tomcat daytrades the S&P 500 and NASDAQ-100 E-mini Futures; Tiger II swing trades the SPY, DIA and QQQ using hourly bars. The Hornets and SuperHornets swing trades nine ETF's using daily bars (SPY, QQQ, DIA, BBH, EWJ, IWM, SMH, TLT and XLF).

Fari is the Publisher of Hamzei Analytics Options Trading Service (HOTS), Editor-in-Chief of Hamzei Analytics' Weekend Update Report and is also the Group Leader of the Los Angeles TradeStation / MetaStock / RealTick Users Group, (www.ouga.com) a study group on technical analysis. In addition to being frequently quoted on CNBC-TV, he is also a frequent guest on several media outlets, including: www.marketviews.tv, hosted by Ike Iossif of Aegean Capital and WPTI Radio (www.ptisecurities.com) with Jon "Dr J" Najarian, the charismatic CBOE options market maker. Additionally, Fari was a guest speaker at the Third Annual Options Trading Forum in Chicago and is also often quoted on RealMoney.com.



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*For HOTS, Gold and SuperPlatinum Packages: NEW subscribers are now offered two weeks of FREE TRIAL.

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A monthly options trading newsletter featuring 16 options trades. Strategies include Long Calls, Long Puts, Naked Put Sales, Synthetic Long Stocks, Credit and Debit Spreads. Also includes market overview, analysis and charts. Auto-Trading of the options trades is also available via the following brokerage firms: www.optionsxpress.com and www.ptisecurities.com


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