Friday, June 18, 2010

June 18 - Beware of Witches!!!

June 18 ... One of the four "triple witching" days of the year.

Given the big spike in volatility we have had lately, today could be exceptionally "interesting". There was a pretty sustained downward trend throughout April and May, but a rebound in most of June. That should really mix things up, particularly for those instruments just near their respective strike prices.

So, for all of you short-term, momentum, or day traders ... good luck!

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