thursday options expiry

Wink, as discussed yesterday about Dow recover into their open and how many times have we seen the world look like collapsing and the Yank just ignore it and close up at the end of the day? Almost everytime. The truth to the fact is Yank do not want to be lead by the outside world and they the big brother remember.

Sadly Wink, despite our discussion, I didn't go long as reason given to ya.

Well, index options expiry today and gap open and if spi trade around 4400 then it will be a short for me. Last night Dow strength came from oil & energy related stocks and banks were quite and high oil price is not good for banks stock so our banks could be weak today and let hope resource stocks can push the market up at open for short into close.

Watch out for those wild move as options expiring. Good luck