Zeev's Turnips Patch-No Politics (ZEEV)

[Paul Shread]

As GT pointed out, there was massive volume in a couple of June QQQ put contracts; take those out and you get an equity PC of .50. Still, there are more puts than calls at 26 and below for the next two months:

http://quote.cboe.com/QuoteTable.asp?TICKER=qqq&ALL=0

The one indicator that doesn't support the bear case, IMHO.

Paul