A a529612 May 22, 2006 #1 Lots of panic put buying this morning. The Qs may bounce off intraday double bottom. Remember stocks don't go up or down in a straight line. Thoughts?
Lots of panic put buying this morning. The Qs may bounce off intraday double bottom. Remember stocks don't go up or down in a straight line. Thoughts?
R rtstrading May 22, 2006 #2 A bounce....yes, but more selling after that, IMO. The chart shows the put/call ratio and the option volatility. Attachments putcallspike2.gif putcallspike2.gif 35.8 KB · Views: 42
A bounce....yes, but more selling after that, IMO. The chart shows the put/call ratio and the option volatility.
P plugger May 22, 2006 #3 A little off topic, but did anyone catch the coverage on CNBC lately? I haven't watched it since the tech bubble and it seems like deja vu. Same bad coverage, except now they seem to be on the 'downside' bandwagon.
A little off topic, but did anyone catch the coverage on CNBC lately? I haven't watched it since the tech bubble and it seems like deja vu. Same bad coverage, except now they seem to be on the 'downside' bandwagon.
