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RE: [RT] Low formed?



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Nice charts Kate!

 

Yes, option expiration was maybe the formal reason for the move up  but they got a little help

from mother Nature too:

 

http://f1.grp.yahoofs.com/v1/YC8nSXxOsQSKPiFo9TAM8HJ7vcbqrwqC8SUhdgvE-Q2NVMSgE4yrFdaLBD07K1iU-5bWrwX4zgFFv3uT33wtf8XmCH0s6ck/SPX_21_11_2008.jpg

 

SPX_21_11_2008.jpg

From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Ira
Sent: Friday, November 21, 2008 3:42 PM
To: realtraders@xxxxxxxxxxxxxxx
Subject: Re: [RT] Low formed?

 

Looks like they moved stocks up to strike prices for expiration.

----- Original Message -----

From: Ketayun

To: Ketayun

Sent: Friday, November 21, 2008 11:49 AM

Subject: [RT] Low formed?

 

This is week 320 from low of 10/06/02

 

Weekly charts have lined up with monthly.. so yes, I would look for a low today or if not, this price should hold for a while.

 

 

 

 

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