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bobrabcd wrote:
>
> Probability expectations for Thursday are trending in the directions of
> some selling. The inner bands on the chart are the primary price targets
> and zones for a one day move based on implied volatility. It is also
> possible that the solid line and dotted line do not cross but diverge and
> thus price continues to move up. But as of the close on Wednesday they were
> converging implying some selling on Thursday is to be expected.
>
> BobR
> http://www.oextrader.com/momentum/momentum.htm
NW: Huh? I am not sure what you said, but I think because we have seen
no panic on the upside and there was an increase in bears, on an up day,
Wednesday, that it is probable that there is considerable more upside
potential in the next day or two.
Simply,
Norman
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