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Market Sentiment Alert for Tuesday, 10/5/4


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#1 TTHQ Staff

TTHQ Staff

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Posted 05 October 2004 - 06:03 PM

Market Sentiment alert for Tuesday, October5th, 2004 

1) As the Cash Markets closed today, our Dollar-weightedPut/Call Ratio ($wPCR) Engine picked the following stocks as good SHORT candidates due totheir BEARISH (very high $wP/C Ratio) reading: 


Bristol-Myers
 SQUIBB (BMY $wPCR = 19.6  (http://hamzeianalytics.com/MSAViewer.asp?BMY

Coca Cola Company (KO)  $wPCR = 10.5   (http://hamzeianalytics.com/MSAViewer.asp?KO)
Newell Rubbermaid
(NWL  $wPCR  9.0    (http://hamzeianalytics.com/MSAViewer.asp?NWL


2)  And, our Dollar-weighted Put/Call Ratio Engine picked the followingstocks as good LONG candidates due to their BULLISH (very low $wP/C Ratio)reading:

General Dynamics (GD) $wPCR = 0.00    (http://hamzeianalytics.com/MSAViewer.asp?GD)

SBC Communications (SBC $wPCR = 0.01 (http://hamzeianalytics.com/MSAViewer.asp?SBC
Verizon Communications (VZ)   $wPCR = 0.01  (http://hamzeianalytics.com/MSAViewer.asp?VZ

Please note that dollar-weighted put/call ratio's forward-looking window is fromone to three trading days from the signal day (why? in a capsule form, it has to dowith 3-day settlement pressure on the market makers). Once you are in the trade, youshould monitor the up-to-date dollar-weighted put/call ratio reading asconfirmation of the trade's direction; or, in case of reversal of the dollar-weighted put/callratio reading, as an exit signal. 
If a friend forwarded this email to youand you would like to receive these emails twice a week directlyfrom us, you can sign-up by clicking here: www.HamzeiAnalytics.com/default .asp 
All the best;

Fari Hamzei
Tel: (310) 306-1200
Email: Fari@HamzeiAnalytics.com