Re: Put-Call Ratio

["Charles F. Corbit III" <ccorbit@xxxxxxxxxxx>]

Greatelto,

Thanks for the feedback, just a couple more questions (if you don't mind)
for clarification.

>> 5 Week Advance/Decline Index <<

I am using NYSE composite Advances-Declines and the cum() function, I
assume your saying I should just use A-D with a 5 week MA ?

>> CBOE Put/Call Ratio (25 day) <<

I am assuming a 25 MA ?

>>  Investment Services Bearish <<
>>  Bulls - Stock Index Futures <<

Are these the sentiment indices listed in IDB and WSJ ?

>> Large Block Uptick Ratio <<

I am using Interquote and searched through the help file for this and
couldn't find it.  I also use DialData for end of day.  Where do you get
this ratio ?


Thanks again,

Charlie


----------
> From: Greatelto@xxxxxxx
> To: ccorbit@xxxxxxxxxxx; hpearce@xxxxxxx; metastock-list@xxxxxxxxxxxxx
> Subject: Re: Put-Call Ratio
> Date: Sunday, October 19, 1997 8:17 PM
> 
> The Put-Call Ratio has been around a long time.  It is really a measure
of
> market sentiment.  It is fairly accurate but using it in and by itself is
not
> the best thing to do.  It should be used in conjunction with other
> indicators.
> 
> As a starting point, the following is a list of good indicators used by
many
> technical analysts.  Keep in mind that these measure market sentiment and
are
> not well adapted to short term trading.
> 
>      Stocks over 200 Day Moving Average
>      5 Week Advance/Decline Index
>      Investment Services Bearish
>      Bulls - Stock Index Futures
>      Large Block Uptick Ratio
>      CBOE Put/Call Ratio (25 day)
> 
> A combination reading from these indicators can go a long way in helping
one
> assess major trends in the market.  But none of them are really valid by
> themselves.
> 
> Jerry
>