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Options Trading with Option Addict

Option Addict
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

More on Divergences

Option Addict Mon Sep 23, 2013 3:48pm EST 16 Comments

As I mentioned in my first post this morning take note that the Russell is doing something quite unique here. It’s gone positive.

rut0923

If you are a bull, you are rooting for strength in this, as well as the Nasdaq. As a bull, you also might be bleeding out of several orifices, but you are strong, and can make great decisions in the face of adversity.

Since we are in the midst of a financial crisis, based on the total number and content of emails I received this weekend, you must not miss today’s AWHOA. It will be your edge in the markets moving forward.

OA

 

 

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16 comments

  1. TheHarper
    TheHarper
    September 23, 2013 at 3:52 pm

    hahahahhah, love that. just made this mundane day all that much better. thanks bro.

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  2. Tom
    Tom
    September 23, 2013 at 3:57 pm

    Thanks OA. Yes, I’m bleeding but they can not shake me out. I will kill short sellers !!! So you have any interest GMCR here ??

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  3. boomTime
    boomTime
    September 23, 2013 at 3:58 pm

    am shaken, but not stirred from my positions!

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  4. gatorsun
    gatorsun
    September 23, 2013 at 4:29 pm

    nothin’ but red here,,no reason to be optimistic about any positions recently bought

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  5. cheesetrader
    cheesetrader
    September 23, 2013 at 4:34 pm

    ITY holding up nicely as well

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  6. jb
    jb
    September 23, 2013 at 5:55 pm

    Hi OA,

    What do you think of LGF here? It’s pulled back from the highs.

    Thanks!

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  7. Option Addict
    Option Addict
    September 23, 2013 at 7:24 pm

    It sold off hard a few days prior to the market. I’d be waiting for stability first…but think there are better looking charts out there.

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  8. sia
    sia
    September 23, 2013 at 7:46 pm

    When I first saw the title on ‘divergence’ I thought you meant something like this
    http://1.bp.blogspot.com/-zUidYnBbtTM/UkBT1GpLIFI/AAAAAAAAJjg/4VctZ7ye_To/s1600/SPX1.png
    from blog
    http://theimpatienttrader.blogspot.com/2013/09/red-flags-started-on-friday-important.html

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  9. Option Addict
    Option Addict
    September 24, 2013 at 12:23 am

    No.

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