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Market Sentiment Alerts Dec 15, 2004


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#1 TTHQ Staff

TTHQ Staff

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Posted 15 December 2004 - 11:44 AM

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MarketSentiment alerts for Tuesday, December 14th, 2004

 1) As the CashMarkets closed today, our Dollar-weighted Put/Call Ratio ($wPCR) Engine pickedthe following stocks as good SHORT candidates due to their BEARISH (very high $wP/CRatio) reading:  

Symbol

Name

$wPCR

Chart Reference

GM

General Motors

68.3

$wPCR Chart

EK

Eastman Kodak

14.4

$wPCR Chart

CC

Circuit City Stores

12.2

$wPCR Chart

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

Symbol

Name

$wPCR

Chart Reference

CB

Chubb Group

0.00

$wPCR Chart

RIG

TransOcean Inc.

0.02

$wPCR Chart

ABGX

Abgenix

0.02

$wPCR Chart

 

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Please notethat 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 thepressure the options market makers are under to stay delta neutral while dealing with the3-day stock settlement rule).  Once you are in the trade, you should monitor theup-to-date dollar-weighted put/call ratio reading as confirmationof the trade's direction; or, in case of reversal ofthe dollar-weighted put/call ratio reading, as an exit signal. 

Onmany occasions, we offer special deals, like the "Year-End Bonus", etc., thruour pop-up notices. Make sure your browser will permit our website to display this savingsto you.

Weare LONG the S&P-500 Cash Index (SPX) from 1121.84 (closing price on 10/12/04) for theTimer of the Year Competition with the Timer Digest service.[font=""Book Antiqua";color:navy"][/font]


Allthe best;
Fari Hamzei
Tel:   (310) 306-1200
Email: Fari@HamzeiAnalytics.com
Group Leader of Los Angeles TradeStation Users Group:
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