$-weighted P/C's are really high right now. OEX at 2.95. Q's high too. If it keeps up, I'm going to be looking long short term, I fear.
Meanwhile, volume keeps saying "look lower".
Mark
$-weighteds HIGH
Started by
OEXCHAOS
, Feb 02 2007 11:47 AM
1 reply to this topic
#1
Posted 02 February 2007 - 11:47 AM
Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter
#2
Posted 02 February 2007 - 01:03 PM
Don't be too afraid...the multiple breadth thrusts generated yesterday on several McClellan Oscillator index's will keep you safe.I'm going to be looking long short term, I fear.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions