Thursday, May 21, 2009

$CPC 1 yr 6 mo chart


http://stockcharts.com/h-sc/ui?s=$CPC&p=D&yr=1&mn=8&dy=0&id=p26432373222&listNum=1&a=154880176
A small spike in put buying ratio that has broken trendline from last year. Will be notable if the puts become more popular in near/ intermediate term.

3 comments:

In Debt We Trust said...

What would it look like if you were to readjust the trend line to include the second spike after the primary?

Anonymous said...

sorry to bug--

but is it a really an effective tool in watching trendlines on option ratios?

i dont believe its a very widely watch trendline therefore--its effectiveness would be quite limited

just a thought

thanks

uempel said...

Anonymous: sometimes these outlandish charts provide information which fits nicely into some pattern which is just beginning. I'm thankful for people like Greenlander who follow up all kinds of ideas and post them on their blogs.

My interpretation of this chart: in order to give a more significant lead the CPC must rise a bit higher, break above 0.880 – but I draw my trendlines differently than Greenlander.