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Saturday, January 19, 2008

Today's Option Expiration Day

The Q's were closing below the pink cross.

Today's picture follows:



So far Feb's pink cross is way above the market action, but let's give it a few days to firm up.

You'll also notice I've added an oscillator at the top of the graph. That's for the day's market closing price relative to the center of the pink cross as of that day. My interpretation of the oscillator is that the bottom half means oversold while the top half means overbought.

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