posted
Someone mentioned something about a "quadruple witching day". I am not sure what it is, I am not sure if it is today and I am not sure what effect it has on the market or pennt land. But, maybe that is it.
PAUL
------------------ But godliness with contentment is great gain. For we brought nothing into this world, and it is certain we can carry nothing out.
posted
Triple witching occurs on the third Friday of March, June, September and December: it refers to the fact that on these days, option and futures contracts expire on market indexes used by program traders. Because these events all take place simultaneously, it sets off extra heavy trading in options, futures and stocks (usually occurring at the end of the day), which is capable of causing sudden huge gaps up or down in stock prices. Hope this helps
Posts: 339 | From: Clearwater, Fl | Registered: Mar 2004
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posted
If you look the chart you see a breakout to at least 0.0046 (avg 200days) High volume on friday predicts a further explosion ... greetz
Posts: 398 | Registered: Nov 2003
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