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Calling all puts


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#1 tommyt

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Posted 09 March 2007 - 12:36 PM

this is the CBOE 10 day P/C ratio since Jan '05...definately bearishness here...one of the highest in many years

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identical in the ISE with the 10d @ .93...Investors Intelligence bulls dropped to 46%, kinda neutral. huge bearish sentiment in options seems to be in a tug o war with other negative looking internals... I shorted the open and just sitting for now.

#2 Russ

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Posted 09 March 2007 - 12:59 PM

Here is another perspective, everytime(over the past few weeks) the rsi got to where it is now the market kept going up for several more days, is it different this time?
http://stockcharts.com/c-sc/sc?s=$CPC&p=D&yr=1&mn=0&dy=0&i=p77200367800&r=4639.png

Edited by Russ, 09 March 2007 - 01:08 PM.

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