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BlissBull

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BlissBull

Re: pegwatcher post# 10760

Wednesday, 04/20/2005 4:44:10 PM

Wednesday, April 20, 2005 4:44:10 PM

Post# of 51844
peg - I agree! All this bottoming action has a lot of people very upset! Whenever I am 100% long, I feel a lot more comfortable when "reversal Thursday" is preceded by a down day. The big jump in the put/call ratio on the close (to 1.05) and the fact that the new low in the SPX was not confirmed by the Naz, puts the final nail in the bear's coffin. IMO If they are grouchy today, tomorrow they will be terrified!

http://www.cboe.com/data/IntraDayVol.aspx

-Bliss







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