SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Raptor's Den II -- Ignore unavailable to you. Want to Upgrade?


To: KevinThompson who wrote (1585)1/6/2004 10:36:07 PM
From: mishedlo  Respond to of 3432
 
Max pain worked tremendously well for over a year. Then Noooooooooooooooooooooooooooooooooooooooo

A new clear trend has emerged however.
Which must mean it is about to change.
That trend is a pullback near but not to max pain the week before expiry and a blast higher well beyond pain the week of expiry.

On that basis, one would expect a 2-3 day selloff starting tomorrow (usually these plays start the wed the week BEFORE expiry) then a blast higher starting monday or tuesday of expiry week.

That is the current most likely pattern but there are variations. At any rate watch for a pullback tomorrow and a ramp job next week.

Not playing for it but if I see it tomorrow I hope I have enough sense to hop on. Mainly cash here.

Mish