Could you please include in your reports the historical price ratios you reference? You state the put/call ratio has not hit its high. Could you tell me what is the historical high? (February 26, 2001)
For the put/call ratio we look for historical comparisons we want to see the ratio close over 1.0. All of the major reversals in the past that have been reversals based on high volumes of selling and fear have shown a closing put/call ratio of value of greater than 1.0. The highest we have seen is 1.7.
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