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Post# of 704041
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ajtj99

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ajtj99

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Re: Zeev Hed post# 58026

Saturday, 12/21/2002 11:16:21 PM

Saturday, December 21, 2002 11:16:21 PM

Post# of 704041
Put/call is high because it is in an upchannel since November.

http://stockcharts.com/def/servlet/SC.web?c=$cpc,uu[h,a]daclyyay[pc20!c50!d20,2][vc60][iui10,10!la12...

Until the daily put/call closes at 0.76 or below, a sustained rally is suspect, IMO.

You may get a bit more follow through on Monday to around 0.80, but it appears the trend in the put/call continues to be up for the time being according to the daily chart.

The slow stochs show a triangle that has broken to the upside, indicating higher put/call ratios coming.

http://www.investorshub.com/boards/board.asp?board_id=1613
AJTJ's Market Pulse
Do your own DD. Void where prohibited. Observed side effects include darkening of the stool, spontaneous amputation, and death. Rosebud.

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