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[qqqqtrdr]

Today charts were weird. With NASDAQ up 50 points you would think that A/D would be more like 4:1 instead of just 2:1. The move up although large volume is not necessarily bullish. However, it is difficult to figure out whether they take this higher are down again. We are not overbought and are close to a bottom with a high CBOE put/call averages, I betting on higher as larger probability. We shall see.... Barry