Saturday, December 22, 2007

Dec 21 options expiry

Dec 21 was options expiry and triple witching.

DOW closed up 235.

BBT was as low as 30.36 and closed up at 31.94.

I find on the day of options expiry market opens low and then the stocks
fall before they go up and close high.

21-Dec-07 DOW Open 13,241.66 High 13,518.20 Low 13,241.66 Close 13,450.65

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