Ask Vendit Off Topic Questions

[Vendit]

Would you be just a tad bearish feeling today my friend?

:8-)

One particular market phenomenon that seems to happen with a great degree of consistency is this; if the market tanks on options expiration Friday it will rise the following Monday.

Just the opposite is true of an options Friday, which ends with a rally, the following Monday normally tanks. Last Friday it tanked.

I think that you already know this but the people who participate on this thread are "traders" who trade the short-term trends. If the DOW goes to 7000 or 5000 really doesn’t matter as long as it does it with relief rallies along the way.



Reid