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Market Sentiment Alert 10/20/04


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#1 TTHQ Staff

TTHQ Staff

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Posted 20 October 2004 - 11:07 AM

Tuesday, October 19th, 2004


1) At the close today, our Dollar-weighted Put/Call Ratio ($wPCR) Engine picked thefollowing stocks as good SHORT candidates due to their BEARISH (very high p/cratio) reading:
Symbol Name $wPCR Chart Reference
TRI Triad Hospitals 8.25 $wPCR Chart
ANF Abercrombie & Fitch Co'A' 6.1 $wPCR Chart
AVID Avid Technology 5.69 $wPCR Chart


2) And, our Dollar-weighted Put/Call Ratio Engine picked the following stocks as good LONGcandidates due to their BULLISH (very low p/c ratio) reading:
Symbol Name $wPCR Chart Reference
TER Teradyne Inc. 0.10 $wPCR Chart
ORCL Oracle Corp. 0.14 $wPCR Chart
MEDI MedImmune Inc. 0.14 $wPCR Chart


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Please note that dollar-weighted put/call ratio's forward-looking window is from one tothree trading days from the signal day (why? in a capsule form, it has to do with 3-daystock settlement pressure on the market makers). Once you are in the trade, you shouldmonitor the up-to-date dollar-weighted put/call ratio reading as confirmation of thetrade's direction; or, in case of reversal of the dollar-weighted put/call ratio reading,as an exit signal.

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