It looks stretched and the equity P/C ratio is now again at .40, but not enough on the bad side for a "to the hills", getting close and I have taken a lot off the table getting me to the 52% cash level here after being pretty close to just 20% cash near the opening. In edit correction, now down to 50% cash taken the bucker plus from CHKP here at $17.58... and now even lower than that with the bucker plus taken from QCOM here at $31.73...
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