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Non-Tech : S&P Midcap 400 Portfolio (^MID, MDY)
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To: Londo who started this subject7/15/2002 2:16:23 AM
From: Londo   of 181
 
To watch for this week:

I believe this week will contain the most gut-wrenching, volatile trading not seen since after the lows seen after 9/11.

July options expiration should make things very interesting.

I also believe there will be some sort of upward bias in the markets heading into expiration. I've just read too many articles about how the S&P 500 has reached a H&S, and will drop down to 500-600.. I do believe it will eventually happen, but not right now. Not while people are on guard for such a crash to occur.
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