Zeev's Turnips Patch-No Politics (ZEEV)

[Babylon]

By the way, yesterday we got another reading of the equity P/C ratio sans QQQ under .42 (we had $.36, today, no cigar, just .46), it used to be a safe signal that a major top is within ten trading days (thus my call on 8/15 for such a window ending last Friday, wrong again).

Just curious, was that ever a safe signal (as in relatively accurate to calling near term tops) prior to '00, or is that based soley since the recent bear began?

Anyway, thanks for all of the selective historical links to your previous thoughts. I'm sure that makes Koikaze's awesome volunteer work that much easier.