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Strategies & Market Trends : Tech Stock Options
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To: Riskmgmt who wrote (33001)1/13/1998 9:19:00 AM
From: Patrick Slevin  Read Replies (1) of 58727
 
Something like that. There was a post on Sunday, I think it was, outlining the general idea.

The stat is that the day after and the third day after are 2 of the best days in a lunar month to be short. Naturally, because it's only a stat, it won't work every time. But the idea is that's the way to bet.

In this particular setup the presumed high prob play is to short the opening rally, looking to make money either this afternoon or hold into Thursday. Or both, for that matter.
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