1 reply to this topic

[ogm]

Reposting from capitalstool board. There is only one sane guy on that board who actually has a clue The rest of that board is expecting the end of the world any day now and has been for years.

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"New world records in pessimism are being set every day.

Today's IBD reported a new, all-time high, world record Public/Specialist short ratio of 18.25 far surpassing March's record of 15 and change.

Shortly after the open, I found a new intraday record high put/call ratio of over 2.00.

Never seen that before.

And the 150-day put/call ratio, which I thought topped yesterday, keeps climbing higher and higher.

And, of course, the useless Rydex Ratio is in the tank again. "

[IndexTrader]

The denominator of your ratio....specialists shorts....is falling due to a falling level of activity on the part of specialists. Therefore, this ratio should be rising, whether the market is going up or going down. And it is. IT