Wednesday, October 14, 2009

ISEE equity sentiment index hits 327

As of 9:50, the ISE equity sentiment index has ringed up a 327 number, a huge imbalance of call buying over put buying. How long can this madness last? Surprisingly, the index options number is also over 100, which is not common after such a big gap up.
Seems almost everyone is bullish, retail and the pros.

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