Replies to post #47305 on Zeev's Turnips Patch-No Politics (ZEEV)

[ik]

Hi Zeev

I'm looking at the p/c ratio and it is very high (more than 1)
Can it be that the market psychology at this time is that
every move to the down side creates the fear as the market is going to dive and thus people getting afraid, p/c ratio going up and the market as a result going up. Only in the time that people will buy calls when the market is going down is the time the market eventually will fold over. please advise.
thank you
ik