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Re: xZx post# 1846

Tuesday, 03/11/2008 11:06:13 PM

Tuesday, March 11, 2008 11:06:13 PM

Post# of 1899
I hadn't even noticed that, in looking back at AH prints, especially those right at and shortly after close, there are none under 30.00. Thanks for bringing that up, that will definitely shorten that upper wick on today's candle making it even more attractive for tomorrow IMO.

Another interesting thing to note, in looking at April contracts for both calls and puts, on the call side there were 158 contracts traded, only 32 on the put side, almost a 5 to 1 ratio. on the March contracts it was 419 on calls and 50 on the puts, greater than an 8 to 1 ratio.

Gives a little insight to what the investor sentiment was today. More are looking for the gains to continue and are going long while only a few are looking for a fall. It's not a sure thing by any means but it's something I like to look at and keep in the back of my mind.



A tornado is like a stock, it takes just the right conditions to form a huge one but once it forms, nothing can stop it!
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