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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (4857)	3/11/2008 10:27:31 AM
From: Real Man	Read Replies (1) \| Respond to of 71454

I think it's the options expiration games. Too many March puts are in the money, bears are starting to take profits, and as they do, the arbs cover their futures shorts or individual stock shorts. It's possible. The other possibility is expiration crash. -g- This bear market rally may last into options expiration, and it could be spirited, like every other bear market rally. It will end abruptly at some point, maybe as low as SP=1310, which is now resistance. 12K for the DOW is now resistance as well, and we are there already, so.... it could even end today, who knows. -g-