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Re: Zeev Hed post# 115087

Wednesday, 06/04/2003 11:48:04 PM

Wednesday, June 04, 2003 11:48:04 PM

Post# of 704041
Thanks for the input. And you're right, shooting for 1000 if 1670 fails is a reach. Actually I should be more clear. What I meant to say is that I'm bearish if the market falls back into the channel and bullish if the market stays above 1670ish. In between I'm neutral.

I don't know much about how to trade the p/c ratio so your input is extremely valuable. I do sense that during the whole rally, there have been few 'low' days.

I've also noticed on this chart:
http://www.vtoreport.com/sentiment/putcall.htm

The 21dma low that induces a selloff seems to be higher and higher. For example it looks like it was about .56 in Aug 02 but now it looks like .63. I wonder what that means?

ST: hibernating till Sept
IT: hibernating till Sept
LT: Bearish
It's over, yhoo said so.

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