Short term bounce is near?

Discussion in 'Trading' started by a529612, May 22, 2006.

  1. Lots of panic put buying this morning. The Qs may bounce off intraday double bottom. Remember stocks don't go up or down in a straight line. Thoughts?
  2. A bounce....yes, but more selling after that, IMO.
    The chart shows the put/call ratio and the option volatility.
  3. plugger


    A little off topic, but did anyone catch the coverage on CNBC lately? I haven't watched it since the tech bubble and it seems like deja vu. Same bad coverage, except now they seem to be on the 'downside' bandwagon.