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

"Sell down to your sleeping point"

Thursday, March 12, 2009

Options expiration

Well It's next week, and Monday is a good inflection point. maybe we get a slow sell off.

My model says "Mean reversion for the cycle" Currently the vwap since options expiration is 73 roughly.

I wonder if we will have a slow sell off for Options expiration.... Or maybe we will Peak at the end of that week.....

It's a question....

1 comment:

Tony said...

Nice melt-up this afternoon! Great to make money on the long side. Even WFC is UP!!!!

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