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Re: Study: Effect of High PC Ratio on Daily Market Action
Have you considered using a dollar weighted PC ratio? I've not had much time to test, but in theory it makes a lot of sense. I know some people that use it in their trading and they feel it's a better indicator of sentiment than the standard PC ratio.
Here is a link to an article by Fari Hamzei explaining the indicator:
Welcome to eSignal Learning! -- Better Trading. Smarter Investing.
Here is another one from Fari's site:
Put/Call Ratio in real time. Better Data. Better Trades. - Hamzei Analytics, LLC
Last edited by dupaski; 02-25-2007 at 02:24 PM.
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