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Re: ReturntoSender post# 6755

Sunday, 01/15/2012 12:21:15 PM

Sunday, January 15, 2012 12:21:15 PM

Post# of 12809
Leavitt Brothers Key Indicators Video - Time to be Cautious:

http://leavittbrothers.com/blog/?%20p=5244

Updating Charts provided by yours truly RtS




On the Put to Call Ratio it's actually the turn in direction that advises caution to either longs or shorts. The 10 day sma on the $CPC has fallen recently to .85 which while relatively low means little unless the $CPC begins to move higher. Back in 2000 .05 was too low. Now .75 has served as a definite line in the sand and a market turning number but these numbers and charts are always evolving with changes in the market. Evolving in such a way that what happened last time only tells us when there is more risk or less risk in going either long or short. RtS



On a longer term chart a 60 day sma of the $CPC shows just how much the prevailing trend of buying put potential has changed throughout the Bear market we have been in since March of 2000:



RtS

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