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WAVEVEGAS

03/17/11 10:01 PM

#207771 RE: sanjosean #207770

THERE IS AN EXPLANATION!!!

It's called Option Expiration!!! Tomorrow is the day where the options and market makers will bring the Option Max Pain to as much as possible.

The current Option Max Pain for March Options is currently at $2.50. If you don't know what max pain theory is, I suggest you read up on it as much as you can.

Once the options expire you will see the Share Price rise next week and if not next week then it will the following week if fundamentals are still intact.

Take for example the S&P index. The max pain is 1280 and when it was at 1320-1325, I was thinking to myself no way will they bring the price down that far. What do you know they did it...look at the S&P now. Same with Apple they brought the price down from $355 to the Max pain of either $335 or $340.

If you don't believe in options pain theory, track a bunch of stocks and see how they hover close to the a certain price.