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(5/16/15)
The S&P 500 once again has managed to hold support at its
125 Moving Average (green line). Outside of last Fall the 125 Day MA has
been a key support area the last few years.  Meanwhile
the Put to Call Ration dropped to 0.56 this week which was the lowest reading
since April of 2010. The last two times the Put to Call Ratio dropped to
0.56 (points A) corrections followed (points B to C). Thus it will
be interesting to see how the market acts in the coming weeks. 
Amateur Investors
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