Replies to post #146158 on Zeev's Turnips Patch-No Politics (ZEEV)

[Fred Langford]

I don't think boards are a good test of sentiment.
Have you seen lastest Investor's Intelligence numbers?
Most bullish I've seen in a long time...

Fred

[Zeev Hed]

a cool 100,000 put contacts are on the QQQ on that one, I would not pay too much attention to the 332000 puts contracts....

[market_watcher]

P/C 1.45...seems all the boards are expecting seasonality to play out here...rarely does the market do what the majority expects...the P/C has consistently risen on recent market pullbacks...i say this trumps current sentiment readings.

In what time frame? Daily indicators are way overbought, even relative to just the March-now timeframe.

Also, and I made this point on aj's board, you can't possibly expect the big boys to come back from vacation and pay 10% more for stocks than they did in June. It's against everything they stand for.

I can just see it now:

"Hey, this is Morgan Bigmoney over at Goldman Sachs. Can you get me 100,000 shares of Intel at 29? I plumb forgot to buy them at 20 before I left for vacation. Thanks."

Check out minyanville.com, they've got a great chart of the 'retail p/c ratio', the p/c ratio of trades from 1 to 10 contracts. Right now, that p/c ratio is about .55

[kgoodrich]

Hello, Plexxus
I seem to think that seasonality is an everyday thing. From data research I have found that there are not just 4 quarters in a year, but at least 12. There are not just 12 months in a year, but at least 52, because they revolve. There are bi-weekly stocks that only do well, seasonally approximately two weeks of the year. Take a look at BVSN. That stock is wonderful for October. Seasonality is a cool, metaphysical concept. See you and have a great weekend.

Ken