Ugh..... as well as I feel like I understand(or delude myself that I understand) the market ....FLOW....
one thing interferes with that and it's that special date, that comes up.....
OPTIONS EXPIRATIONS.. and it's derivatives... Double and Triple Witching....
Maybe it is the name that has me, but it's like Aunt Flow who visits the little misses, once a month......
apparently they bid up the opening tick... to either make the options Redeemable, but then let a sell off happen in the end of the day... reducing the value.... I'm just saying.... it fucks with the flow...
and now that I'm looking for a bounce to then short.... but... I have no stocks I'm thinking about or even a vague game plan... well maybe that is for the morning.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Monday, December 17, 2007
Tripple Witching
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