Put Call Ratio Points to Oversold

Put Call Ratio Points to Oversold

Published May 16th, 2006 in Market Internals Tags: oversold, put call ratio.

Late last week, the total CBOE put call ratio reached 1.27. This is a level which has previously been associated with an oversold market. I don’t think we’re going to get a lasting rally from this, but I wouldn’t be surprised that a snap-back rally is around the corner.

Technorati

oversold, put call ratio

Enjoyed this? Don't miss the next one, grab the feed or

No Responses to “Put Call Ratio Points to Oversold”

Feed for this Entry Trackback Address

No Comments

Leave a Reply

Search

Recent Comments

Babak : James, here’s today’s commentary on this from Rosenberg: Negative Interest Rates? That is indeed what occurred yesterday…
Babak : jerome, that’s an interesting take and I dare say it reveals more about your state…
Babak : oops, thanks for catching that Wayne…
wayne : The first column is the Thanksgiving week (not weekend), good luck….
jerome : Dollar carry trsde unwind, negative short T Bond interest rates, % from 200 day moving…
Dspurr624 : Supply and Demand moves prices, creates trends etc. If it were as easy as…
James K : “Even more shocking, for some short term government bonds maturing in January 2010 the rate…