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Andrew Crowder
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Over the last few years I have worked diligently towards refining several of my favorite and most successful stock options strategies. My hard work and diligence have proven to be a success and now I want to share my ideas and strategies with a limited group of like-minded investors. My options... More
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  • Excited For The Week Ahead 2 comments
    Feb 13, 2012 8:46 AM

    As my loyal readers already know, almost every indicator I follow, both technical and sentiment, is bearish.

    But, something today made me particularly happy.

    More food for thought.

    Kindest,

    Andy

    Disclosure: I am short QQQ, SPY.

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  • Josh Krause
    , contributor
    Comments (1361) | Send Message
     
    My technical kung fu is weak, please explain why this makes you happy?

     

    We are gapping up this morning and will likely enter overbought territory again. If you are bearish what does this chart tell you?

     

    My technical kung fu says that if we make a higher high or at least a matching high with a lower RSI, we are near an inflection point. Is that in any way related to what is making you happy in the chart?
    13 Feb 2012, 08:50 AM Reply Like
  • Saint Poodle
    , contributor
    Comments (132) | Send Message
     
    Miserable volume, I suppose.
    13 Feb 2012, 09:44 AM Reply Like
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