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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: jjstingray who wrote (36169)5/15/2002 12:40:38 PM
From: The Freep  Respond to of 52237
 
<<isn't that move suspect considering it happened during options expiration week? >>

I'm not nikko, but let me just ramble here.

If we rule out options expiration week, we should also rule out the first 2 days of the week after options, as we all KNOW that it's only positions being unwound. Further, the Wednesday the week before options is a misdirection day and can't be trusted. So, right there, without dealing with half-days and days following holidays (light volume and always manipulated), we've ruled out 8 trading days a month as "suspect." In February that'd be 40% of the trading days where we should just ignore price/volume, etc, cuz it's suspect? Hmmm. . . .

Options expiration happens every month and will likely continue to do so. It's just part of the noise, whether it's manipulated or not. It happens. We have to deal with it.

But that's just my 2 cents,

the freep