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Post# of 704041
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Zeev Hed

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Zeev Hed

Re: Dances-W-waves post# 150109

Wednesday, 09/10/2003 11:51:51 PM

Wednesday, September 10, 2003 11:51:51 PM

Post# of 704041
On first blush, the equity P/C ratio at .80 looks quite a turn,but when you look how much of the puts were in the QQQ, one could shiver, if the CBOE data are correct a full 202,000 QQQ put contracts traded today (vs 47,000 calls), that put the corrected P/C ratio to .51, not really typical of a bottom reading yet...

AZH

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