Short sales (shares)
Other sales (shares)
Total sales (shares)
If it goes any lower with these ratios, it will be a rare situation, not common...
The CBOE reported totally phony open interest and final volumes at the close today.
Nevertheless, the crowd has gotten bearish enough for a bounce at least according to the P/C ratios...
I see the same thing over many individual stock and index option straddles.
I guess "a scorch" or good rally, it is also a minor cycle low. The lows early in the week and highs later in the week would be also bullish for the following week which is also the eom week...
This blogger poll is composed of many perma-bears, but it is like a clock work to be honest...
I had not much reason to expect a rally, I guess now I do!
Edited by kisacik, 23 January 2007 - 02:31 AM.