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SI_Shack

08/13/03 11:46 PM

#140455 RE: Zeev Hed #140451

I never got that bearish reading Zeev. But we use different numbers since I use an equity P/C ratio for ALL exchanges while I believe you use just the CBOE.

To this end, I have not seen a swing high in this bear without a sub 0.5 reading on my 10-day EMA of the equity P/C ratio. We are sitting up at 0.7 right now, not bearish.