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Re: pegwatcher post# 9035

Friday, 03/11/2005 11:41:26 PM

Friday, March 11, 2005 11:41:26 PM

Post# of 51854
peg - re: "perfect hit" I agree that it was a major intermediate-term bottom. The put/call ratio foretold it by jumping to 1.25 intraday. Also, the fact that their are no SMH shares available for shorting, means that the bears are short to the max (no more supply from that particular source).

The oil stocks are the market leaders, and most of them made nice gains.



-Bliss







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