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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (30129)10/16/1999 6:59:00 AM
From: LaVerne E. Olney  Respond to of 99985
 
An interesting observation from Market Bytes optionsource.com

4:20:12 PM
The S&P 100 (OEX-651.75) declined by 6 percent this week. Going through all expirations since 1976, this would be the SECOND largest expiration week loss. First is October 1987 (-9.6). Third is October 1978 (-5.7%). The week after 1987's October expiration, the market lost another 11.1%. The week after 1978 October expiration, the OEX dropped another 3.3%.

-Ron Taylor