shorting into option expiry, page-92

intesting.

i just read an article on bonds ... one analyst is saying there's not way that stocks can go any further higher unless bonds improve. again, well see.

What I did notice this past fortnight .. the 8100-8200 poses resistance for stocks.

Either 8200 will be broken and it'll head to 9000 or 7800 will be broken and it'll head to 7000.

we'll see, I personally just can't see how its gonna break to the upside ... based on what exactly, earnings sure don't warrent it and the economic news coming out also does not. It would be trader momentum that would do it and I don't think its anywhere near that strong, as shown by the resistance hit this week.

BUT - I'm biased, I have an open short position.