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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Suresh who wrote (18392)11/17/1998 12:58:00 PM
From: Clint E.  Read Replies (1) | Respond to of 68067
 
Hello Suresh. Where have you been? The beast is alive looking to make new highs.

>>>this is the last week of option expiration of the month... not the first.

No. I've explained my theory/observation in the past and it works perhaps 9 out of 10 times. Stocks go up on the 1st options "expiry" week of the following month after there is a strong reversal. Since our reversal was in Oct, this week is the lucky week.

Clint