Market Currents
The 20 day moving average of the Put/Call ratio has fallen near levels indicating perhaps too...
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Wednesday, April 18, 2012, 12:39 PM ETThe 20 day moving average of the Put/Call ratio has fallen near levels indicating perhaps too much bullishness, notes Tommy Thornton. Bears need to be patient though - a shorter-term view shows the ratio has been this low for the past couple of months, during which the SPY has inched higher.
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