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


To: JRI who wrote (69372)2/17/2001 12:57:48 PM
From: Zeev Hed  Read Replies (1) | Respond to of 99985
 
JRI, first the market is closed Monday, maybe memory will not carry through. Second, that behavior is not universal, but it does not depend too much on the reasons for the fall or advance on expiration, it so happen that when a big move occurs on expiration, some "forced positions" positions are created that require "unwinding" (and usually quite fast), thus the behavior in the following week of a counter move. From time to time, however, these "planned" unwindings are being foiled by exogenous conditions. Like Sadam getting an exorcet missile to be lucky and, G-d forbid, sink one of our ships in the Gulf.

Zeev



To: JRI who wrote (69372)2/17/2001 7:11:03 PM
From: Mike M  Read Replies (1) | Respond to of 99985
 
Come on, NT is certainly sending a message but hardly capable of overwhelming triple witching all by itself. The market is a little oversold very short term, if there aren't compelling news reasons to continue the selling we should have a slight respite. Unfortunately there is little impetus for sustained buying.