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C/P ratio complacency?


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#1 tomterrific14

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Posted 26 February 2009 - 05:53 PM

http://stockcharts.com/charts/gallery.html?$CPCE

#2 CLK

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Posted 26 February 2009 - 06:29 PM

I don't trust shorting a market that drops on improving internals. There is a mirror image working in YM that could produce a 300 point scorch next Tues. If it fails, then that much down. Still, VIX is near a bottom I think. Waiting for the break.

#3 traderpaul

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Posted 26 February 2009 - 06:33 PM

1.6 calls for every put @ ISEE :lol:
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay