Saturday, November 20, 2010

OPEX in Review II

Our Inst. Hldgs. Portfolio still has aFibTime cluster next week, but some of the Optionplayers have silently taken some of the bullish Sentiment out of the Market without moving it too much to the downside. This is normally BULLISH. We have to see how far the Call/Put ratios can go down.
The Prec. Metals have also lost some of the exuberance but still seem tohave a week or so to go..
The Banks on the other side look bearish and the Call/Put ratio looks still overbought. Let's monitor next week.
Tech looks bullish ! The CallÜut has nicely reached a level from where it took of in September.

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