this is the CBOE 10 day P/C ratio since Jan '05...definately bearishness here...one of the highest in many years
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.
Calling all puts
Started by
tommyt
, Mar 09 2007 12:36 PM
1 reply to this topic
#1
Posted 09 March 2007 - 12:36 PM
#2
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=$CPC&p=D&yr=1&mn=0&dy=0&i=p77200367800&r=4639.png
http://stockcharts.com/c-sc/sc?s=$CPC&p=D&yr=1&mn=0&dy=0&i=p77200367800&r=4639.png
Edited by Russ, 09 March 2007 - 01:08 PM.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/