Perfect Hedge

This is a blog about alternative investments, hedge funds, the stock market, portfolio management, risk management, commodities, trading systems, managed futures and investing in general.

Thursday, July 14, 2005

Put Call Ratio no leading indicator

There is an interesting article about Put/Call Ratio at the blog of CXO Advisory Group saying that "the put/call ratio is not a particularly strong or consistent leading indicator for the overall stock market. Like many other measures of investor sentiment, it is more a coincident than a leading indicator."
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