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Richard Russell said the little guy spends his life running up the down escalator. Before the crash this year I posted regarding small trader call buying as I thought it was important @ the time. I do think it is important this time as well.

According to sentiment trader.com small trader (10 contracts or less) call buying set a record high week ending May 22 of 9.7 million contracts. The record high is nearly 30% higher then the previous high witch registered the week of Feb 14th the day the DJI registered its peak.
 

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Richard Russell said the little guy spends his life running up the down escalator. Before the crash this year I posted regarding small trader call buying as I thought it was important @ the time. I do think it is important this time as well.
By the same token, wouldn't put buying be akin to running down the up escalator?
 
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