A diary of the thought process behind my investment decisions
Tsachy, what's your take on the ridiculous amount of call buying on the ISE ?
Normally, one day of call buying is not a bad thing. It often marks a turn in sentiment at the beginning of a good run. It usually takes a long string of days with excess call buying to be a negative.However, in the past few months one day of call buying has been enough to derail the market. I would be more concerned if the excess bullishness started showing up elsewhere.
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