*~1Best~* Market Timing & Trend-Signals

[*~1Best~*]

VG, JT is good with focusing on certain things such as SMH. If you review his post on WM, the P/C call ratio was not an indication of the price action out come.

Since I wasn't checking on WM, I am not sure exactly what was the implication, but based on the JT's post, WM price action was a contrary to P/C activity.

Since I don't focus on individual stock P/C activities, it is good thing that JT mentions it. Caveat: again, maybe you can backsolve what has happened on WM and JT can solve it as well with hindsight.

It is good that you provide the link when you post your comment.

	 
  
 http://www.cboe.com/DelayedQuote/QuoteTable.aspx?TICKER=smh&ALL=2 
  
  
  
  
 SMH   (SEMICONDUCTOR HOLDING CO RCPTS) 		36.23   +0.21 
 Apr 22, 2007 @ 17:12 ET 	 
 Bid 36.13   Ask 36.19   Size 5x18   Vol 13454500 
 Calls 	Last Sale 	Net 	Bid 	Ask 	Vol 	Open Int 	Puts 	Last Sale 	Net 	Bid 	Ask 	Vol 	Open Int 
 07 Apr 32.50 (SMH DZ-E) 	3.65 	+0.72 	3.55 	3.70 	68 	4367 	07 Apr 32.50 (SMH PZ-E) 	0.04 	0.0 	0.0 	0.02 	0 	46633 
 07 Apr 35.00 (SMH DG-E) 	1.14 	+0.08 	1.10 	1.19 	1327 	46627 	07 Apr 35.00 (SMH PG-E) 	0.09 	0.0 	0.0 	0.02 	0 	33110 
 07 Apr 37.50 (SMH DU-E) 	0.01 	0.0 	0.0 	0.02 	0 	16137 	07 Apr 37.50 (SMH PU-E) 	1.39 	0.0 	1.31 	1.41 	0 	349 
 07 Apr 40.00 (SMH DH-E) 	0.01 	0.0 	0.0 	0.02 	0 	611 	07 Apr 40.00 (SMH PH-E) 	0.0 	0.0 	3.80 	3.95 	0 	0 
 07 May 32.50 (SMH EZ-E) 	3.58 	-0.12 	3.70 	3.85 	52 	12113 	07 May 32.50 (SMH QZ-E) 	0.08 	0.0 	0.04 	0.09 	400 	53668 
 07 May 35.00 (SMH EG-E) 	1.58 	-0.07 	1.57 	1.63 	474 	71467 	07 May 35.00 (SMH QG-E) 	0.38 	-0.06 	0.38 	0.41 	469 	39692 
 07 May 37.50 (SMH EU-E) 	0.31 	-0.02 	0.30 	0.33 	801 	54499 	07 May 37.50 (SMH QU-E) 	1.57 	-0.13 	1.59 	1.65 	410 	4280 
 07 May 40.00 (SMH EH-E) 	0.05 	+0.01 	0.01 	0.04 	3 	23201 	07 May 40.00 (SMH QH-E) 	3.90 	-1.70 	3.80 	3.90 	10 	97