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Post# of 704041
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Zeev Hed

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Zeev Hed

Re: phill post# 187945

Saturday, 01/03/2004 12:32:39 PM

Saturday, January 03, 2004 12:32:39 PM

Post# of 704041
No, virgin means, absent exceptional QQQ puts activity. EPCR is simply the Equity (only) P/C ratio, the EPCR is already absent indices activity, the virgin EPCR is an attempt to remove from that parameter the impact of unusual hedging activity by large funds.

AZH

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