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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: gregor_us who wrote (53)2/16/2004 11:30:24 AM
From: mishedlo  Read Replies (1) of 116555
 
Rumors swirled through the markets that the European Central Bank or another European national bank had sold euros to drive the single currency lower, but analysts said it was more likely that private traders had been selling large positions as options expired.

Options expired?
They expire in 21 days and the previous ones expired 7 days earlier or so

That seems like a big stretch to me
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