The CPC and CPCE put/call ratios never signaled fear and panic for a tradeable bottom. You have not even seen any stock market selling occur as yet; wait until the real downside gets rolling. Feel free to keep ditching longs and building shorts going forward. The low put/call ratios signal that traders and investors remain relaxed and unworried that stocks will ever sell off again; exactly when a selloff begins.
A tradeable bottom will not appear until the CPC is above 1.20 and CPCE above 0.80. Halloween, the end of October, was the last tradeable bottom. Prepare for the bloodbath that will bring on the panic and fear, and then a tradeable bottom. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
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