The put/call ratio is still suggesting there is more downside to come. Today, selling on an initial rally would offer a good risk/reward proportion. I expect a move to about 1150 this week.
Monday, October 18, 2010
Downside Not Over
The put/call ratio is still suggesting there is more downside to come. Today, selling on an initial rally would offer a good risk/reward proportion. I expect a move to about 1150 this week.
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