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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: rubbersoul who wrote (22060)	7/25/2011 10:09:40 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 220477

I think he's probably very right, those who are holding in the money calls are going to sell out instead of taking delivery, this will put downward pressure on gold and probably silver also... this is a regular occurrence at option expiration, so it makes good logical sense... but also, the selling is only temporary since it has only to do with option expiration which is scheduled for tomorrow, so it only lasts for a day or so... probably the best thing to do tomorrow is not watch, just walk away and come back on Wednesday after expiration is over... for anyone who isn't fully loaded up on gold, this would be the opportunity to jump on it... that's what I think he's saying... GZ