Replies to post #5432 on T/A ETF AND INDEX

[2X-Be-Me]

farooq, I don't think the Qs will fall to 40.36 during the last hour. Which makes me think you're right about another attempt at 41 tomorrow. If the Qs go up to 41, I'd bet the Dow will also rise to a new record on Friday. This might explain why the price is being held at the current level? 2X

[shortterm]

Actually that rule of S3 (or something like that, I might be wrong about the letter)

When you get a disparity of calls and puts (their ratio one way or other is >3), the market will move with the higher volume instead of it being contrarian indicator.