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NEW QUESTION: 1



A. Option C
B. Option A
C. Option B
D. Option D
Answer: D

NEW QUESTION: 2

A. Option C
B. Option A
C. Option B
D. Option D
Answer: B
Explanation:
Explanation
Excel services consists of three components: Excel Calculation Services, Excel Web Access, and Excel Web Services.
Excel Web Access allows for co-authoring of Excel workbooks.

NEW QUESTION: 3
Which of the following statements about contrary-opinion and smart money technicians is CORRECT?
A. When the ratio of short sales by specialists to total NYSE short sales is at 0.20, smart-money technicians are bearish.
B. The CBOE put call ratio is 0.75. Contrary-opinion technicians are bullish.
C. If mutual funds cash holdings are more than 13% of total fund assets, smart-money technicians are bullish.
D. When the yield spread on high quality versus lower-quality bonds narrows, the confidence index decreases and smart-money technicians become bullish.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
When the CBOE put call ratio is equal to or greater than 0.50, this suggests that investors are bearish and thus contrary-opinion technicians are bullish.
The other statements are incorrect. The mutual fund ratio is not an indicator for smart money technicians.
When the mutual fund ratio is equal to or greater than 0.13, it means that investors are bearish and contrary-opinion technicians are bullish. The statement beginning, "When the yield spread on high quality versus lower-quality bonds narrows," is partially true. A narrowing yield spread is a bullish sign to smart- money technicians, but because it means that the confidence index has increased.
Summary of the indicators for contrary-opinion and smart money technicians:
Contrary-opinion technicians (trade the opposite of the mass of general investors):
Smart-money technicians (follow the professional investors):