2 replies to this topic

[youmast]

[arbman]

Equity P/C is really low, but the index P/C is rising very much and the OEX P/C shows buying the rally... Statistically, these numbers are a bit conflicting, I would go with the OEX guys for this afternoon, I guess equity P/C guys will be dealt with by the end of next week. This kind of overbought conditions with the equity option speculation has never been treated kindly. If it ramps up into the close with the rising implied volatilities, I will go short the close. As you pointed out, the risk is to miss a huge gap down probably... - kisa

[rkd80]

should we not be dancing by today technically? everyday that makes even a marginal new high suggests that the decennial pattern is taking over - no?